Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics shares rose 2.4% Thursday after the company reported an over threefold surge in fourth-quarter operating profits, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial…

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Travel woes mount for Philadelphia flyers as TSA closes more security checkpoints

Philadelphia International Airport announced it was temporarily closing two more Transportation Security Administration checkpoints starting Wednesday due to ongoing TSA staffing shortages. This is the latest major American airport to cut back on security checkpoints as TSA workers, who missed their first full paycheck over the weekend due to the ongoing partial government shutdown, have…

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Strait of Hormuz not safe for shipping

IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Energy secretary: Strait of Hormuz not safe for shipping 01:42 UP NEXT Trump says there’s been ‘total obliteration’ of Iran militarily 01:55 Protesters in Cuba attack Communist Party office 00:32 High winds tear roof off of Ohio building…

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Astera Labs (ALAB) earnings report Q4 2025

Astera Labs reported fourth-quarter earnings that beat on top and bottom lines, but shares plunged as much as 10% as revenue came short of some analysts’ expectations. Here’s how the artificial intelligence infrastructure and semiconductor company did compared to LSEG consensus estimates: Earnings per share: 58 cents vs. 51 cents expected Revenue: $271 million vs….

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