La catena delle opzioni mostra i dati chiave delle opzioni azionarie di  a vari prezzi di esercizio e date di scadenza. I trader utilizzano queste informazioni per analizzare potenziali operazioni e valutare il sentiment del mercato per ..

 (SSNGY) Azioni, Catena delle Opzioni

Samsung Electronics is a diversified electronics conglomerate that manufactures and sells a wide range of products, including smartphones, semiconductor chips, printers, home appliances, medical equipment, and telecom network equipment. More than half of its profit is generated from semiconductor business, and a further 20-25% is generated from its mobile handset business, although these percentages vary with the fortunes of each of these businesses. It is the largest smartphone and television manufacturer in the world, which helps provide a base demand for its component businesses, such as memory chips and displays, and is also the largest manufacturer of these globally.

SAMSUNG EL PFD S/GDR 144A by Samsung Electronics Co., Ltd.

Samsung Electronics Co Ltd

Innovative Eyewear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUCY#NASDAQ">LUCY</a>) announced the launch of its LUCY Bixby app, which enables <a target="_blank" href="https://www.benzinga.com/pressreleases/24/06/n39310438/innovative-eyewear-inc-launches-bixby-app-to-enable-chatgpt-on-its-smart-eyewear" rel="noreferrer noopener">hands-free OpenAI&#8217;s ChatGPT access on its glasses.</a>
For the first time, Samsung Electronics Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) phone users gain access to the feature of ChatGPT on its glasses through the phone&#8217;s built-in voice assistant.
Now, all Bixby users can interact with ChatGPT through Lucyd eyewear paired with their Samsung device or directly on the device itself.
The company anticipates this voice-controlled access to AI features will enhance utilities like real-time translations and comprehensive research for Samsung phone and tablet users across various subjects.
&#8220;We are also excited about the potential of using our glasses in tandem with Samsung&#8217;s forthcoming smart ring1&nbsp;to deliver health and exercise data through our eyewear,&#8221; Harrison Gross, CEO of Innovative Eyewear, said.
&#8220;This could allow customers to learn about their health status and exercise metrics without having to look at a phone or&nbsp;smartwatch,&#8221; Gross added.
Last month, Innovative Eyewear&#8217;s shares climbed&nbsp;after the company announced the launch of its Eddie Bauer Smart Eyewear collection, which also<a target="_blank" href="https://www.benzinga.com/news/24/05/39087951/innovative-eyewear-stock-continues-to-surge-whats-going-on" rel="noreferrer noopener"> includes voice access to OpenAI&#8217;s ChatGPT.</a>
&#8220;By introducing the first-ever rimless smart eyewear, we believe we are not only elevating style but also redefining the possibilities of wearable technology,&#8221; Gross said earlier.
Price Action: LUCY shares are trading lower by 11.1% to $0.4490 at last check Thursday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/06/39266845/xpengs-mona-sub-brand-following-nios-onvo-launches-debut-model-m03-powered-by-byd-batteries" target="_blank" rel="noreferrer noopener">XPeng&#8217;s Mona Sub-Brand Following NIO&#8217;s Onvo? Launches Debut Model M03 Powered By BYD Batteries</a>
Courtesy of Innovative Eyewear

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What's Going On With Innovative Eyewear Shares Today?

Arm Holdings Plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARM#NASDAQ">ARM</a>) shares are <a target="_blank" href="https://www.benzinga.com/movers" rel="noreferrer noopener">trading lower on Wednesday.</a>
The company launched&nbsp;Arm Kleidi, a broad software and software community engagement <a target="_blank" href="https://newsroom.arm.com/blog/arm-kleidi" rel="noreferrer noopener">program for accelerating AI.</a>&nbsp;
The inaugural offering is Arm Kleidi libraries for leading AI frameworks, facilitating access to Arm CPU&#8217;s AI capabilities, which currently handle the majority of AI inference tasks globally from cloud to edge, Arm Holdings said in a statement in its website.
Kleidi Libraries incorporate KleidiAI for all AI tasks and KleidiCV for top-notch computer vision (CV) tasks on Arm CPUs across different levels.
&#8220;KleidiAI is our solution to the explosion in device types, neural networks and inference engines,&#8221; Arm Holdings said. &#8220;KleidiCV accelerates CV pipelines that are used for many camera use cases.&#8221;
Arm Holdings introduced Arm Compute Subsystems (CSS) for Client, as per a separate <a target="_blank" href="https://newsroom.arm.com/news/arm-css-for-client" rel="noreferrer noopener">press release</a>, merging Armv9 advantages with verified implementations of new Arm CPUs and GPUs on 3nm process nodes.
Arm Holdings also <a target="_blank" href="https://newsroom.arm.com/blog/arm-gpus-consumer-devices" rel="noreferrer noopener">launched </a>the&nbsp;second-generation family of GPUs that are built on our 5th&nbsp;Gen GPU architecture and form a vital component in the&nbsp;Arm Compute Subsystems (CSS) for Client platform. The development is mainly meant for a variety of consumer devices, from flagship smartphones and premium mobile handsets through to smartwatches and entry-level mobile devices, the company said.
Arm Holdings&#8217; largest market remains smartphones, where the company provides intellectual property to competitors like Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) and Android chip suppliers such as QUALCOMM Incorporated&nbsp;&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QCOM#NASDAQ">QCOM</a>), Reuters reported.
Previously, Arm primarily provided its technology as specifications or abstract designs, requiring chip companies to transform them into physical chip blueprints, a complex task involving arranging billions of transistors.
With the new products, Arm collaborated with Samsung Electronics Co (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) and Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>) to deliver manufacturing-ready physical design blueprints.
Price Action: ARM shares are trading lower by 2.13% to $122.28 at last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Read Next: <a href="https://www.benzinga.com/markets/equities/24/05/39021107/donald-trump-floats-idea-of-bringing-back-adviser-peter-navarro-for-potential-second-term-despit" target="_blank" rel="noreferrer noopener">Donald Trump Floats Idea Of Bringing Back Adviser Peter Navarro For Potential Second Term Despite Prison Sentence: &#8216;I Would Absolutely Have Peter Back&#8217;</a>
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Arm Holdings Down 2% - What's Going On?

Applied Materials, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMAT#NASDAQ">AMAT</a>) shares are trading lower in the premarket session on Friday after ending<a target="_blank" href="https://www.benzinga.com/premarket" rel="noreferrer noopener">&nbsp;yesterday&#8217;s run with a mild 1.59% slump.</a>
On Thursday after the bell, the company reported&nbsp;second-quarter results of 2024, where the company&nbsp;generated $1.39 billion in cash from operations and distributed $1.09 billion to shareholders, including $820 million in&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/05/g38882818/applied-materials-announces-second-quarter-2024-results" rel="noreferrer noopener">share repurchases and $266 million in dividends</a>.
Check This Out:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/05/38883690/applied-materials-q2-earnings-revenue-beat-eps-beat-positioned-for-growth-in-ai-evs-clean-energy-an" rel="noreferrer noopener">Applied Materials Q2 Earnings: Revenue Beat, EPS Beat, Positioned For Growth In AI, EVs, Clean Energy And More</a>
The company serves as a&nbsp;key&nbsp;supplier to major players in the industry, including&nbsp;Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>),&nbsp;Samsung Electronics Co&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>), and&nbsp;Intel Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).&nbsp;This&nbsp;positions its outlook as a significant indicator of demand within a vital segment of the electronics supply chain, Bloomberg&nbsp;<a target="_blank" href="https://www.bloomberg.com/news/articles/2024-05-16/applied-materials-forecast-fails-to-impress-after-stock-run-up?sref=TBDibEcD" rel="noreferrer noopener">reported</a>.
According to Benzinga Pro, Applied Materials&#8217; second-quarter revenue was flat&nbsp;on a year-over-year basis to&nbsp;$6.646 billion,&nbsp;which beat&nbsp;the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">consensus estimate</a>&nbsp;of $6.537 billion.
The&nbsp;company is experiencing an increasing demand for machines utilized in&nbsp;the production of&nbsp;artificial intelligence processors, Bloomberg added.&nbsp;However,&nbsp;certain&nbsp;customers involved in semiconductor manufacturing for ICAPS (Internet-connected appliances, communications, automotive, power, and sensors) are temporarily halting orders as they focus on installing the machinery they have already received.
Applied Materials reported adjusted earnings of $2.09&nbsp;per share, beating analyst estimates of $1.99&nbsp;per share.
Applied Materials sees third-quarter revenue of $6.65&nbsp;billion, plus or minus $400 million, versus estimates of $6.576 billion. The company expects third-quarter adjusted earnings to be between $1.83 and $2.19 per&nbsp;share,&nbsp;versus estimates of $1.98&nbsp;per share.&nbsp;
&#8220;Near term, there will be some digestion,&#8221; Chief Executive Officer&nbsp;Gary Dickerson&nbsp;said in a phone interview&nbsp;to Bloomberg. &#8220;This year is not going to be significant growth year for us.&#8221;
Last quarter, China constituted 43% of the company&#8217;s revenue.&nbsp;Similar to some counterparts, Applied Materials is capitalizing on significant investments made by Chinese firms, reflecting the country&#8217;s endeavor to enhance its self-sufficiency in the manufacturing of crucial electronic components, according to Bloomberg.
Although U.S. companies face limitations in providing the most cutting-edge manufacturing equipment&nbsp;to China, they are experiencing a surge in orders for machinery used in producing less complex chip types, such as semiconductors commonly used in automotive and industrial machinery, the report added.
&#8220;We see China staying resilient,&#8221; Dickerson told Bloomberg. Still, he added, &#8220;you&#8217;re&nbsp;not going see the growth rate you&#8217;ve seen over the last couple of years.&#8221;
Price Action: AMAT shares are trading lower by 1.01% to $211.87 premarket at last check Friday. 
Image: Courtesy of Applied Materials, Inc.

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What's Going On With Applied Materials Stock Today?

Micron Technology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) shares are trading higher Friday after Mizuho analyst Vijay Rakesh maintained Micron with a Buy rating and raised the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/37244117/micron-seagate-western-digital-poised-for-upswing-driven-by-nand-price-surge-analys">price target from $100 to $105</a>.
The Details:
Mizuho highlighted Micron&#8217;s improving margin profiling and high-bandwidth memory tailwinds as factors in its price target increase. 
Micron shares are trading at 52-week highs as semiconductor stocks continue to climb on increasingly widespread adoption of artificial intelligence.&nbsp;
Micron <a href="https://www.benzinga.com/markets/equities/24/02/37329612/samsung-teams-up-with-micron-for-cutting-edge-ai-experience-in-galaxy-s24-series">announced</a> on Tuesday that Samsung Electronics Co. (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) has selected its LPDDR5X memory and UFS 4.0 mobile flash storage for specific devices within the Galaxy S24 series, an integration that brings AI functionalities to mobile users worldwide.&nbsp;
On Monday, Micron <a href="https://www.benzinga.com/news/24/02/37313678/why-micron-stock-hit-a-new-52-week-high">announced</a> it has begun volume production of the 24GB 8H HBM3E solution that will be part of Nvidia Corporation‘s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>) H200 Tensor Core GPUs. Micron said the HBM3E leads the industry with approximately 30% lower power consumption compared to competitive offerings.
Mizuho believes Micron is ramping with Nvidia&#8217;s H200/B100 and looking to B200 into 2025 and beyond as a strong roadmap for the company.
Related News: <a href="https://www.benzinga.com/news/earnings/24/02/37408107/dell-reports-better-than-expected-q4-results-driven-by-ai-server-demand">Dell Reports Better-Than-Expected Q4 Results Driven By AI Server Demand</a>
<h2 class="wp-block-heading">MU Stock Forecast 2030:</h2>
Predicting the future in stock prices over long periods of time is challenging. Wall Street analysts use complex models that take into account interest rates, economic growth, competitive advantages, management teams and historical profitability, among a host of other factors.
If, as an investor, you want to assume most of the major factors remain stable, you can use trend analysis as a helpful tool. Using a longer term trend line or historical performance of the stock, you can aim to forecast a stock's annual rate of return.
For Micron Technology, over the past 5 years, it's annualized stock performance is 17.55%, and if you assume that trend continues for another 5 years, you can expect a stock to trade at $214.35.
Using a trend line (see how to <a href="https://www.benzinga.com/23/01/30335939/a-guide-on-how-to-identify-trend-reversals">perform this function here</a>), If you choose to use a trend line, connect your two points and look into the future to the point in time in which you're curious. Once you've identified that stock price, you may want to consider what type of conditions would need to exist for the stock to justify the share price &#8211; be it an outside influence or managerial decision making.
MU Price Action: According to <a href="https://pro.benzinga.com/?gspk=YWRhbWVja2VydDUzMzY&amp;gsxid=zBMR4PKmcgBw">Benzinga Pro</a>, Micron shares are up 5.28% at $95.39 at the time of publication.
Image: NPS_87 from Shutterstock

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What's Going On With Micron Technology Stock?

Micron Technology, Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>) revealed on Tuesday that&nbsp;Samsung Electronics Co&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) has adopted its LPDDR5X memory and UFS 4.0 mobile flash storage for<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/g37328552/micron-collaborates-with-samsung-on-galaxy-s24-series-to-unlock-the-era-of-mobile-ai-experiences" rel="noreferrer noopener">&nbsp;specific devices within the Galaxy S24 series.&nbsp;</a>
This integration brings AI functionalities to mobile users worldwide, showcasing a&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/02/37313678/why-micron-stock-hit-a-new-52-week-high" rel="noreferrer noopener">pivotal stride in mobile technology.</a>
The foundation of the Galaxy S24 series lies in Samsung&#8217;s array of generative AI tools, Galaxy AI, enhancing everything from facilitating inclusive communication to optimizing artistic expression.
As these demanding features, which require substantial data and energy, stretch the boundaries of smartphone hardware, Micron&#8217;s LPDDR5X memory and UFS 4.0 storage will play a role in delivering high-performance capabilities and energy efficiency to enable these AI experiences seamlessly.&nbsp;
Certain Samsung Galaxy S24 devices, including the S24 Ultra, S24+, and S24 models, come equipped with Micron&#8217;s latest innovations in their mobile portfolio, LPDDR5X and UFS 4.0.
&#8220;Micron&#8217;s advanced portfolio of memory and storage solutions were selected to power the innovative Galaxy AI capabilities Samsung is pioneering in the new Galaxy S24 series,&#8221; said Mark Montierth, corporate vice president and general manager of Micron&#8217;s Mobile Business Unit. &#8220;By delivering the critical performance and energy efficiency needed at the edge, Micron&#8217;s LPDDR5X and UFS 4.0 solutions are unlocking an unprecedented level of AI-enabled capabilities for Galaxy users.&#8221;
Samsung&#8217;s Galaxy AI simplifies communication through intelligent functionalities, providing instant two-way voice and text translations, even during live phone calls.&nbsp;
Additionally, the Galaxy S24 series debuted Circle to Search with Google, a pioneering feature enabling users to swiftly access comprehensive search results by intuitively circling or highlighting images or text on their screens, eliminating the need to switch between applications. Furthermore, the series features Galaxy&#8217;s ProVisual Engine, a collection of creative and photography tools leveraging AI to enhance user content throughout the creative process.
&#8220;Collaborating with a like-minded innovator like Micron has helped us deliver the benefits of AI without compromising on speed and power — ultimately bringing never-seen-before intelligent experiences to people around the world,&#8221; said Inkang Song, vice president and head of technology strategy team at Samsung.&nbsp;
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/02/37301322/the-architect-berkshire-hathaway-warren-buffett-honors-charlie-munger-in-emotional-annual-letter" rel="noreferrer noopener">&#8216;The Architect&#8217; Of Berkshire Hathaway: Read Warren Buffett&#8217;s Emotional Annual Letter About Late Charlie Munger&#8217;s Passing</a>
Price Action:&nbsp;MU shares traded higher by 2.60% to $91.76 premarket Tuesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
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Samsung Teams Up With Micron For Cutting-Edge AI Experience In Galaxy S24 Series

Juniper Networks, Inc.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JNPR#NYSE">JNPR</a>) inked a pact with&nbsp;Samsung Electronics Co&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) and Wind River on a virtual cell site router (vCSR) to allow service providers to&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/02/b37254351/samsung-juniper-networks-and-wind-river-collaborate-to-drive-greater-vran-and-open-ran-efficiencie" rel="noreferrer noopener">operate their networks with end-to-end virtualization.&nbsp;</a>
vCSR integrates the distributed unit and CSR functionalities into virtualized network elements hosted on a single server.
Under the deal, the firms fused the Juniper Cloud-Native Router, a completely containerized network component, with Samsung&#8217;s virtualized DU (vDU) on the Wind River Studio Cloud Platform.
The Juniper Cloud-Native Router takes full advantage of container economics and operational efficiencies, giving service providers the flexibility they need to deploy 5G.
&#8220;Juniper&#8217;s collaboration with Samsung and Wind River is creating a solution that helps them to amortize 5G investments, build a sustainable infrastructure and create more attractive service offerings,&#8221; said Raj Yavatkar, SVP and CTO, Juniper Networks.
As announced on January 9, 2024,&nbsp;Hewlett Packard Enterprise Company&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NYSE">HPE</a>) plans to acquire Juniper Networks in an all-cash transaction for $40.00 per share, representing&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/01/36571415/its-official-hewlett-packard-enterprise-buys-juniper-networks-in-a-massive-14b-deal" rel="noreferrer noopener">an equity value of approximately $14 billion.&nbsp;</a>
The transaction is currently expected to close in late calendar year 2024 or early calendar year 2025, subject to receipt of regulatory approvals.
For the fourth quarter, Juniper&#8217;s preliminary results depicts net revenues of $1.36 billion,&nbsp;<a target="_blank" href="https://www.benzinga.com/pressreleases/24/01/b36854688/juniper-networks-reports-preliminary-fourth-quarter-and-fiscal-year-2023-financial-results" rel="noreferrer noopener">a decrease of 6% year over year, and a decrease of 2% sequentially.</a>
Price Action:&nbsp;JNPR shares closed higher by 0.24% to $36.99 on Wednesday.&nbsp;

JNPR

Juniper Networks, Samsung, And Wind River Collaborate On Virtual Cell Site Router For Enhanced Network Virtualization

Leading technology company Apple Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) made waves with the release of the iPhone in 2007, which transformed <a href="https://www.benzinga.com/general/education/23/08/33576807/if-you-invested-1-000-in-apple-stock-when-the-iphone-was-unveiled-heres-how-much-youd-have-toda">the smartphone market.</a>
A new report shows Apple could be preparing to make a major change to the iPhone for future models.
What Happened: Apple released the iPhone in 2007 and today it is a crucial revenue driver for the company, as shown in the company's recent <a href="https://www.benzinga.com/news/earnings/24/02/36900033/apple-q1-earnings-beat-estimates-as-cupertino-snaps-4-quarter-revenue-decline-streak-stock-slides-o">first-quarter financial results</a>.
Future iPhone models from Apple could include a foldable version of the popular smartphone, according to a <a href="https://www.theinformation.com/articles/apple-develops-a-foldable-clamshell-iphone">report </a>from The Information.
According to the report, Apple is working on several foldable prototypes of the iPhone that would fold widthwise, similar to a clamshell.
The Information said a launch of a foldable could mark a major hardware design change for the iPhone.
Prototypes and tests from Apple do not guarantee a future launch of a foldable iPhone. However, the report notes Apple CEO Tim Cook spoke to engineers about a foldable iPhone back in 2018, suggesting it could be a key priority of his.
If a foldable iPhone does make it past the prototype stage, it likely wouldn't be released until after 2025, according to the report.
A recent Vanity Fair interview with Cook<a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/36896845/apple-vision-pro-is-mind-blowing-says-ceo-tim-cook-we-live-in-a-3d-world-but-the-co"> made mention</a> of rooms of product tests.
"So he (Cook) strolls past restricted rooms where foldable iPhones and MacBooks with retractable keyboards or transparent televisions were dreamed up," the article reads.
Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/02/36912911/6-apple-analysts-size-up-q1-results-iphone-sales-major-step-in-the-right-direction-">6 Apple Analysts Size Up Q1 Results, iPhone Sales: &#8216;Major Step In The Right Direction,&#8217; &#8216;Some Good And Bad News&#8217;</a>
Why It's Important: Jobs unveiled the iPhone in 2007 and discussed how the product would be revolutionary for Apple.
"iPhone is a revolutionary and magical product that is literally five years ahead of any other mobile phone," Jobs said at the time. "We are all born with the ultimate pointing device — our fingers — and iPhone uses them to create the most revolutionary user interface since the mouse."
The launch of a foldable iPhone from Apple could come as competing smartphone companies have launched foldable phones, including Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) with its Samsung Galaxy Z Flip. Google and Motorola have also released foldable smartphones.
A Financial Times report in December showed the foldable smartphone market <a href="https://www.benzinga.com/markets/equities/23/12/36438395/foldable-phones-battle-for-market-share-samsung-leads-apple-absent">was only around 1%</a> of all global smartphones with Samsung controlling around 73% of the market.
Apple working on prototypes of foldable phones could suggest increased opportunity for the market and more demand from consumers.
AAPL Price Action: Apple shares trade at $189.14 versus a 52-week trading range of $143.90 to $199.62. Apple shares are up 25% over the last year.
Read Next: <a href="https://www.benzinga.com/general/education/23/09/34704049/if-you-invested-in-apple-stock-instead-of-buying-iphones-each-year-heres-how-much-youd-have-tod">If You Invested In Apple Stock Instead Of Buying iPhones Each Year, Here&#8217;s How Much You&#8217;d Have Today</a>
Photo: Shutterstock

Foldable Apple iPhone Could Be Coming: What Investors Should Know

Ahead of the elections, the Biden administration is reportedly set to announce subsidies worth billions of dollars for major semiconductor companies, including Intel (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) and Taiwan Semiconductor Manufacturing Co. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NASDAQ">TSM</a>) under the $53 billion Chips Act. 
The law aims to reshore advanced microchip production to the U.S., countering China&#8217;s growing chip industry, <a href="https://www.wsj.com/politics/policy/eager-for-economic-wins-biden-to-announce-billions-for-advanced-chips-7e341e30" target="_blank" rel="noreferrer noopener">reported</a> The Wall Street Journal.
The slow implementation of the bipartisan 2022 Chips Act, frustrated by permitting, negotiations, and worker shortages, has led to only two small grants being awarded out of 170 applications, the report read.&nbsp;
However, industry executives anticipate announcements for larger sums, in the billions, to jumpstart the production of advanced semiconductors powering smartphones, AI and weapons systems.
The expected announcements, likely before Biden&#8217;s State of the Union address on March 7, aim to showcase economic achievements amid the upcoming election season.
Key beneficiaries may include Intel and TSMC, with projects underway in battleground states like Arizona, Ohio and New Mexico, The Wall Street Journal added.
The Chips Act, featuring $39 billion in manufacturing grants and other financial support, faces challenges in timely implementation. Lawmakers and industry officials have expressd concerns about permitting delays, potentially extending the timeline for taxpayer-subsidized factories to produce American-made chips.
The delays may impact Biden&#8217;s re-election push, as voters hold a skeptical view of his economic stewardship. Although popular individually, the collective impact of economic policies like the Chips Act faces criticism, with delays and workforce requirements complicating funding negotiations.
Despite concerns, administration officials have highlighted private sector investments exceeding $200 billion spurred by the Chips Act.
However, hurdles include the National Environmental Policy Act, negotiations complicated by unclear program rules and industry dissatisfaction, the report added.
A shortage of skilled workers adds to the challenges, with the Semiconductor Industry Association estimating a shortfall of 67,000 workers in the industry by 2030.&nbsp;
As negotiations continue, industry experts have stressed the need for predictability to encourage significant investments and global competitiveness.
Other prominent stocks to monitor in light of this development include Samsung Electronics (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>), Micron Technology (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MU#NASDAQ">MU</a>), and Texas Instruments (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>). 
Additionally, keep an eye on related ETFs such as the iShares PHLX Semiconductor ETF (SOXX) and the VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>).
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

Biden Reportedly Plans Billion-dollar Chip Initiative Ahead Of Elections: Eyes On Intel, Taiwan Semiconductor And More

Sam Altman, the CEO of&nbsp;OpenAI, is reportedly in talks with global investors to secure funds for a&nbsp;<a target="_blank" href="https://www.benzinga.com/markets/equities/24/01/36683476/sam-altman-at-davos-more-users-will-be-talking-to-their-computers-in-2024" rel="noreferrer noopener">network of semiconductor factories.</a>
Altman aims to address chip shortages for AI applications, planning a global network of fabs, Bloomberg <a href="https://www.bloomberg.com/news/articles/2024-01-19/altman-seeks-to-raise-billions-for-network-of-ai-chip-factories?srnd=technology-vp">reported</a>, citing several people with knowledge of the plans.
Conversations with potential investors, including Abu Dhabi-based AI company G42 and Softbank Group Corp (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SFTBF#OTC">SFTBF</a>), are ongoing, signaling a shift from the common AI industry practice. 
Altman&#8217;s concerns about chip scarcity amid growing AI demand have intensified the urgency to raise billions for this innovative venture.
Also Read:&nbsp;<a target="_blank" href="https://www.benzinga.com/fintech/23/09/34242469/microsoft-strengthens-partnership-with-g42-for-cloud-ai-tools-inclusion" rel="noreferrer noopener">Microsoft Strengthens Partnership With G42 For Cloud, AI Tools Inclusion</a>
Altman&#8217;s fundraising efforts signify a departure from industry norms, with a focus on chip fabrication plants, the report added.&nbsp;
The ambitious plan, involving partnerships with top chip manufacturers, seeks to secure the needed supply for AI by the end of the decade.&nbsp;
Intel Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>),&nbsp;Taiwan Semiconductor Manufacturing Company Ltd.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TSM#NYSE">TSM</a>), and&nbsp;Samsung Electronics Co&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#NASDAQ">SSNGY</a>) lead the chip fabrication market and are potential partners for OpenAI, Bloomberg reported.
Also See:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/earnings/24/01/36675194/taiwan-semi-announces-major-global-expansion-and-capital-investment-plans-for-2024-after-q4-beat" rel="noreferrer noopener">Taiwan Semi Announces Major Global Expansion and Capital Investment Plans for 2024 After Q4 Beat</a>
Altman, driven by the soaring interest in AI applications, reportedly believes immediate action is essential. 
While construction of a single fab demands substantial investment, the talks with G42 alone explored raising $8 billion to $10 billion. 
The industry awaits further developments as Altman positions OpenAI at the forefront of ensuring an adequate chip supply for the AI-driven future, the report added.
Read Next:&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/01/36707519/trump-stirs-gop-speculation-for-vice-president-post-rejects-this-one-candidates-chances-of-being-his" rel="noreferrer noopener">Trump Stirs GOP Speculation For Vice President Post, Rejects This One Candidate&#8217;s Chances Of Being His Second-in-command: Report</a>
This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo: Shutterstock

MSFT

SFTBF

Altman's Billion-dollar Vision: OpenAI's CEO Aims For AI Chip Dominance

Alphabet Inc.&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) said the new Samsung Galaxy S24 series of&nbsp;Samsung Electronics Co&#8217;s&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNLF#OTC">SSNLF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/SSNGY#OTC">SSNGY</a>) will use&nbsp;<a target="_blank" href="https://blog.google/products/android/google-ai-samsung-galaxy-s24-/" rel="noreferrer noopener">Gemini</a>&nbsp;foundational models to power the&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/smartphones" rel="noreferrer noopener">next generation of AI capabilities.</a>
Galaxy S24 series will also come built-in with Gemini Nano, the most efficient model for on-device tasks, to enable a new feature in Google Messages and ensure data doesn&#8217;t leave smartphone.&nbsp;
Additionally, Samsung will be one of the first partners to test Gemini Ultra, the company&#8217;s &#8220;largest model&#8221; for highly complex tasks, before it is available broadly to developers and enterprise customers later this year.
Starting January 31, owners of smartphones like Pixel 8, Pixel 8 Pro, and the latest Samsung Galaxy S24 series can enjoy multisearch with gestures seamlessly, eliminating the need to switch between apps, as announced by the Alphabet-owned company during the Samsung Electronics Unpacked event, Reuters reported.
Google, headquartered in Mountain View, California, predominantly earns revenue from the online search sector. Over the last year, it has engaged in competition with&nbsp;Microsoft Corporation&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) in the field of generative artificial intelligence (AI), the report read.&nbsp;
The newly introduced multisearch feature can be accessed through the lens camera icon in the Google app, available for both Android and iOS, it added.
The tech giant was recently in the headlines for downsizing ad sales team as part of Alphabet&#8217;s broader job cuts,&nbsp;<a target="_blank" href="https://www.benzinga.com/news/24/01/36661058/google-announces-major-job-cuts-in-ad-sales-shifts-focus-to-ai-and-automation" rel="noreferrer noopener">pivoting towards AI and automation for efficiency.</a>
Price Action: GOOG shares are trading lower by 1.18% to $142.38 on the last check Wednesday.
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo via Wikimedia Commons

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Google's Gemini AI Revolutionizes Samsung Galaxy S24: A Stellar Leap In AI Technology?

The smartphone industry, excluding&nbsp;Apple Inc.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>), is betting on the potential revival of &quot;foldable&quot; phones,&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/11/35949574/apples-iphone-15-boosts-global-smartphone-sales-ending-27-month-decline-report" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">aiming to breathe life into a sluggish mobile market.&nbsp;</a>
Despite being on the market for a few years, these devices, featuring screens that open like a book, have struggled to capture mainstream consumer interest, constituting just over 1% of the global smartphone market, according to a<a class="editor-rtfLink" href="https://www.ft.com/content/d8105aab-7e67-4df7-a734-d52042598009" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;</a><a href="http://www.ft.com/content/d8105aab-7e67-4df7-a734-d52042598009">report </a>by The Financial Times.
Samsung Electronics Co&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssngy#OTC">SSNGY</a>), the world&#39;s largest smartphone manufacturer, has heavily invested in marketing its 5G Galaxy Z series this year, standing firm on the belief that foldable devices may constitute a third of smartphones priced above $600 by 2027, the report read.
Also Read:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/12/36426373/your-next-mac-could-be-a-gaming-powerhouse-as-apple-eyes-aaa-gaming-space-in-2024" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Your Next Mac Could Be A Gaming Powerhouse As Apple Eyes AAA Gaming Space in 2024</a>
Other major players such as&nbsp;Motorola Solutions Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/msi#NYSE">MSI</a>), Huawei, and its spin-off Honor are also banking on foldables to rejuvenate a market that has witnessed its worst year in more than a decade.
Industry analysts suggest that while foldables are gaining traction in premium segments in certain markets like the US and China, they are far from mainstream.&nbsp;
Counterpoint Research estimates the sale of around 16 million foldable phones this year, constituting only 1.3% of the 1.2 billion smartphones expected to be sold globally in 2023, the Financial Times report added.&nbsp;
However, concerns about pricing, reliability, and utility are deterring consumers, leading to questions about whether the market is oversaturated.
Despite the small market share in the overall smartphone landscape, foldables are making headway in the &quot;premium segment&quot; including the U.S. and China, contributing to the polarization between premium devices dominated by Apple and lower-cost handsets.&nbsp;
Also See:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/11/35975751/motorolas-latest-tech-leap-the-v500-body-camera-brings-real-time-insight-for-first-responders" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Motorola&#39;s Latest Tech Leap: The V500 Body Camera Brings Real-Time Insight For First Responders</a>
However, convincing consumers to embrace foldables at their premium prices remains a challenge, primarily due to worries about the durability of flexible screens and mechanical hinges, the report indicated.&nbsp;
Return rates for foldables are higher than traditional smartphones, indicating a potential hurdle in securing repeat purchases.
Chinese manufacturers like Honor and Huawei have found a more receptive market for foldables in China, with sales doubling in the third quarter of 2023 compared to the same period last year.&nbsp;
Samsung continues to dominate the global foldables market, holding a 73% share in the quarter, according to analyst Runar Bj&oslash;rhovde at Canalys, as noted by The Financial Times.&nbsp;
The industry sees foldables as a source of innovation in a market hungry for excitement.
Read Next:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/equities/23/12/36374799/tech-giants-in-talks-synopsys-reportedly-aims-for-blockbuster-acquisition-of-ansys-in-2024" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Tech Giants In Talks: Synopsys Reportedly Aims For Blockbuster Acquisition Of Ansys In 2024</a>
Photo: Shutterstock

Foldable Phones Battle For Market Share: Samsung Leads, Apple Absent

NVIDIA Corporation&#39;s (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvda#NASDAQ">NVDA</a>) CEO, Jensen Huang, reportedly stated that it could take the U.S. up to 20 years to become<a class="editor-rtfLink" href="https://www.benzinga.com/topic/semiconductors" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">&nbsp;independent from foreign chip manufacturing.</a>
At the New York Times&#39;s DealBook conference, Huang discussed how NVIDIA&#39;s products depend on various components sourced globally, not just from Taiwan, where essential parts are produced, according to a&nbsp;<a class="editor-rtfLink" href="https://www.bloomberg.com/news/articles/2023-11-29/nvidia-ceo-says-us-will-take-years-to-achieve-chip-independence?srnd=technology-vp&amp;sref=TBDibEcD" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">news&nbsp;</a>report by Bloomberg.
&quot;We are somewhere between a decade and two decades away from supply chain independence,&quot; Huang said, as noted by Bloomberg. &quot;<a class="editor-rtfLink" href="https://www.benzinga.com/analyst-ratings/analyst-color/23/11/35907536/nvidia-reports-q3-beat-on-record-data-center-revenue-issues-upbeat-guidance-ceo-say" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">It&#39;s not a really practical thing for a decade or two.&quot;</a>
This perspective indicates a challenging journey for a major goal of the Biden administration, which is to shift more chipmaking to the U.S., the report read.&nbsp;
President Biden has advocated bipartisan legislation to encourage the construction of manufacturing facilities domestically.&nbsp;
Numerous leading firms, including&nbsp;Taiwan Semiconductor Manufacturing Company Ltd.&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsm#NYSE">TSM</a>) (Nvidia&#39;s primary manufacturing partner),&nbsp;Samsung Electronics Co Ltd&nbsp;(SSNGY), and&nbsp;Intel Corporation&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/intc#NASDAQ">INTC</a>), are planning to enhance their operations in the U.S, the report added.
Huang also reiterated NVIDIA&#39;s dedication to China, which remains the largest market for chips, despite losing the capacity to sell its top-tier artificial intelligence processors there due to recent U.S. government export restrictions aimed at protecting national security, according to the Bloomberg note.
Following the announcement of the latest regulations, NVDA is working on products for China that&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/markets/asia/23/11/35727949/biden-xi-to-meet-in-san-francisco-against-backdrop-of-ai-geopolitical-tensions" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">will not activate limitations, the report read.</a>
&quot;We have to come up with new chips that comply with the regulation, and once we comply with the regulation, we&#39;ll go back to China,&quot; Huang said, as noted by Bloomberg.&nbsp;
&quot;We try to do business with everybody we can. On the other hand, our national security matters. Our national competitiveness matters,&quot; Huang added.
Read Next:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/23/11/36002767/amazons-cloud-and-ai-innovations-bolstered-by-nvidia-partnership-analyst-predicts-growth" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Amazon&#39;s Cloud and AI Innovations Bolstered by Nvidia Partnership, Analyst Predicts Growth</a>
Price Action:&nbsp;NVDA shares are trading higher by 0.74% to $481.75 on the last check Wednesday.&nbsp;
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Via Company

NVIDIA CEO Maps Out Two-Decade Path For US Chip Self-Reliance, Emphasizes 'National Competitiveness' Amid China Dependence: Report

Samsung entered into a long-term agreement at the end of the&nbsp;third quarter, renewing its license to Adeia&#39;s media intellectual property (IP) portfolio for its mobile devices and related offerings.

Contracts

ADEA

SSNHZ

Adeia Inks Long-Term IP License Renewal With Samsung For Mobile Devices; No Terms Disclosed

Technology giant Apple Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) has a major event called Wonderlust&nbsp;on Tuesday&nbsp;to highlight the company&rsquo;s <a href="https://www.benzinga.com/news/23/09/34393951/heres-everything-apple-plans-to-show-at-its-wonderlust-event-on-tuesday">next product cycle.</a>
The company is expected to show off its new iPhone 15 and share details on the Apple Watch item line.
Here&rsquo;s a look at some stocks of companies that are suppliers or competitors that could be volatile during and after the event.
Sony Group Corp (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sony#NYSE">SONY</a>): Apple is <a href="https://www.benzinga.com/news/22/11/29881424/iphone-15-might-push-hd-photography-to-new-heights-thanks-to-this-japanese-giant">expected to highlight</a> the photograph-taking capabilities of the iPhone 15 with Sony heavily involved. With Sony already a key supplier, news of the focus on the phone&rsquo;s camera could put the company heavier into the spotlight.
Qualcomm Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qcom#NASDAQ">QCOM</a>): Shares of Qualcomm <a href="https://www.benzinga.com/news/23/09/34435874/qualcomm-stock-soars-on-apple-news-whats-going-on">jumped Monday</a> after the company signed a deal with Apple to supply the Snapdragon 5G Modem-RF Systems for upcoming iPhones in 2024, 2025 and 2026.
Related Link: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/09/34490640/apple-wonderlust-iphone-15-event-will-reveal-shift-to-premium-products-analyst">Apple Wonderlust iPhone 15 Event Will Reveal Shift To Premium Products: Analyst&nbsp;</a>
Skyworks Solutions Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/swks#NASDAQ">SWKS</a>): The Apple supplier is among the companies that help&nbsp;with chips for the technology company. Some analysts have pointed to Skyworks being too reliant on revenue from Apple. As Apple develops more chips in-house, each Apple event that shows more chips made by Apple could spell bad news for Skyworks.
Taiwan Semiconductor Manufacturing (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/tsm#NYSE">TSM</a>): The Taiwan-based company is a key supplier to Apple. The company could see its share price under pressure during and after the event.
Qorvo Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/qrvo#NASDAQ">QRVO</a>): The company is a supplier for iPhones and Apple Watches, which could put Qorvo shares in the spotlight Tuesday.
Broadcom Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/avgo#NASDAQ">AVGO</a>): Earlier this year, Apple and Broadcom<a href="https://www.benzinga.com/news/23/05/32530430/a-boost-for-made-in-america-apple-and-broadcom-tag-team-for-homegrown-5g"> announced a new</a> multiyear, multibillion-dollar agreement. The deal will see Broadcom develop 5G RF components for Apple.
Samsung Electronics Co Ltd&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssngy#OTC">SSNGY</a>)(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssnlf#OTC">SSNLF</a>): The Apple rival in the smartphone market could see its share price impacted by highlights from the event. Samsung is also a <a href="https://9to5mac.com/2023/09/12/iphone-15-displays-samsung/">supplier </a>to Apple and is expected to make displays for the new iPhone 15.
Fossil Group Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/fosl#NASDAQ">FOSL</a>): The Wonderlust event will focus heavily on the iPhone, but many analysts expect the Apple Watch to give strong attention at the event as well. Fossil could see shares under pressure if new Apple Watch price points are well received and/or key features that set Fossil apart are included in new models.
Read Next: <a href="https://www.benzinga.com/news/23/09/34477374/these-5-big-changes-in-iphone-15-series-will-be-the-stand-out-upgrades-over-iphone-14">These 5 Big Changes In iPhone 15 Series Will Be The Stand Out Upgrades Over iPhone 14&nbsp;</a>
Photo courtesy of Apple.

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Sony Group Corporation American Depositary Shares

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Apple Wonderlust Event Puts iPhone 15 Suppliers, Competitors In Spotlight: 8 Stocks To Watch

<a href="https://www.cnbc.com/2023/06/28/samsung-lays-out-2-nanometer-semiconductor-roadmap-to-catch-up-to-tsmc.html#:~:text=Samsung%20said%20it%20will%20begin,Korea%2C%20and%20Taylor%2C%20Texas" title="https://www.cnbc.com/2023/06/28/samsung-lays-out-2-nanometer-semiconductor-roadmap-to-catch-up-to-tsmc.html#:~:text=Samsung%20said%20it%20will%20begin,Korea%2C%20and%20Taylor%2C%20Texas">https://www.cnbc.com/2023/06/28/samsung-lays-out-2-nanometer-semiconductor-roadmap-to-catch-up-to-tsmc.html#:~:text=Samsung%20said%20it%20will%20begin,Korea%2C%20and%20Taylor%2C%20Texas</a>.

Samsung To Begin Mass Production Of 2 Nanometer Process For Mobile Applications In 2025

Maxeon Solar Technologies, Ltd.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/maxn#NASDAQ">MAXN</a>) entered into an agreement with&nbsp;Samsung Electronics Co Ltd&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssnlf#OTC">SSNLF</a>) to integrate its SunPower One residential energy solution within&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/06/n32850706/maxeon-solar-technologies-and-samsung-join-forces-on-smart-home-energy-management-solutions" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">SmartThings&#39; connected home platform.</a>
SmartThings is Samsung&#39;s application that automates users to stay connected with their homes. The companies have already inked a memorandum of understanding to execute the deal.
The pact will boost smart home management solutions and enable homeowners to have energy independence, save money, and contribute to a cleaner environment.
&quot;It has never been more important for our end-customers to take a more active role in their domestic energy consumption, understand how much money they can save by switching to clean energy sources and how much carbon they can keep from entering the atmosphere,&quot; said Bill Mulligan, Maxeon&#39;s CEO. &quot;The collaboration with Samsung is intended to do just that.&quot;
As of date, Samsung shares a sizable base of common customers with Maxeon across Europe and Asia.
&quot;We believe through partnerships like this, Maxeon&#39;s customers will be able to make more informed choices about their energy consumption to save money and lead a more eco-conscious lifestyle,&quot; said Ralf Elias, Chief Product Officer at Maxeon.
Analyst Upgrade: Roth MKM analyst Philip Shen upgraded Maxeon Solar from Neutral to Buy,&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/quote/MAXN/analyst-ratings" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">raising the price target from $21 to $40.</a>
Price Action:&nbsp;MAXN shares are trading higher by 8.39% to $31.00 in the premarket session on the last check Wednesday.

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Maxeon Solar Technologies, Ltd. - Ordinary Shares

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Why Maxeon Solar Shares Are Gaining Today

<ul>
<li>HeartBeam, Inc.&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/beat#NASDAQ">BEAT</a>) shares are trading higher after entering a&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/pressreleases/23/05/b32621771/heartbeam-enters-into-strategic-alliance-agreement-with-samsung" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">strategic alliance agreement</a>&nbsp;with&nbsp;Samsung Electronics Co Ltd&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssngy#OTC">SSNGY</a>) (OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssnlf#OTC">SSNLF</a>).</li>
<li>The deal extends the existing pact between HeartBeam&#39;s recently-acquired LIVMOR and Samsung. The financial terms were not disclosed.</li>
<li>Under the latest deal, HeartBeam and Samsung will assess and monitor cardiac symptoms, tapping the HeartBeam&#39;s patented technology.</li>
<li>&quot;Our newly acquired state of the art, FDA cleared, Samsung watch-based arrhythmia detection tool, once integrated with the HeartBeam AIMIGo&trade; telehealth platform, presents a unique opportunity to extend our product capabilities well beyond what is currently available for cardiac patients outside of a medical setting,&quot; said Branislav Vajdic, Ph.D., HeartBeam CEO and Founder.</li>
<li>HeartBeam acquired the assets of LIVMOR earlier this year. Founded in 2016, LIVMOR developed the Halo Atrial Fibrillation (AF) Detection System, the world&#39;s first FDA-cleared prescription wearable for continuous cardiac rhythm monitoring.</li>
<li>The potential of combining LIVMOR&#39;s technology and the HeartBeam AIMIGo system holds significant promise to address primary cardiac conditions for veterans.</li>
<li>Price Action:&nbsp;BEAT shares are trading higher by 7.6% to $2.34 on the last check Tuesday.</li>
</ul>

BEAT

Monitoring Cardiac Symptoms? HeartBeam Extends Pact With Samsung For LIVMOR Solutions

Biotricity Inc (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/btcy#NASDAQ">BTCY</a>) announced the upcoming release of the Biocare Cardiac application to be used with Samsung&#39;s Galaxy Watch4 series.
Biocare is a personal cardiac health application for individuals diagnosed with or at risk for cardiovascular disease. 
The application continuously collects users&#39; daily activities and provides critical information on their heart performance to understand better and manage heart conditions.
The new application is designed to help patients between doctor visits by engaging them in lifestyle management activities to help their doctors make diagnoses augmented with daily medical data related to ECG, SpO2, heart rate, weight, and details on fitness and exercise.
&quot;Biocare cardiac is a key component of Biotricity&#39;s long term vision to follow cardiac patients from diagnostics to disease management. The Biocare cardiac app will integrate Biotricity&#39;s existing and future products, alongside leading industry solutions for fitness and lifestyle, to create a cohesive view of an individual&#39;s health,&quot; Biotricity CEO told Benzinga.
The application can be used as part of Biotricity&#39;s complete cardiac solution, including: 
<ul>
<li>Biocare Telemed: a virtual clinic platform to receive care from cardiac physicians remotely.</li>
<li>Bioflux Diagnostics: mobile cardiac telemetry (MCT) device that provides real-time monitoring and transmission of ECG information.</li>
<li>Biokit: a personal medical device kit bundled for home use.</li>
</ul>
Galaxy Watch4 Series is equipped with an advanced suite of health and wellness features, including the ability to detect an AFib irregular heartbeat, measure blood oxygen level, calculate body composition, and track physical activity. 
This is Samsung&#39;s first smartwatch to feature the new Wear OS Powered by Samsung, built jointly with Google.
Price Action: BTCY shares are up 11.6% at $3.08 during the market session on the last check Thursday.
Photo by <a class="editor-rtfLink" href="https://commons.wikimedia.org/w/index.php?title=User:Louis_PL&amp;action=edit&amp;redlink=1" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Louis PL</a> via <a class="editor-rtfLink" href="https://commons.wikimedia.org/wiki/File:Samsung_Galaxy_Watch.png" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">Wikimedia</a>

Long Ideas

Penny Stocks

Health Care

BTCY

Biotricity Launches Cardiac Application For Samsung's Watch4 Series

<ul>
<li>German digital health firm Ada Health&nbsp;<a class="editor-rtfLink" href="https://www.cnbc.com/2021/05/27/samsung-and-bayer-invest-in-ai-doctor-app-ada-health.html" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">has raised a $90 million funding round</a>&nbsp;at an undisclosed valuation bringing total investment in the company up to around $150 million.</li>
<li>The company has received backing from&nbsp;Bayer AG&rsquo;s&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/bayry#OTC">BAYRY</a>) Leaps by Bayer investment arm, while&nbsp;Samsung Electronics&nbsp;(OTC: <a class="ticker" href="https://www.benzinga.com/stock/ssngy#OTC">SSNGY</a>) invested through the Samsung Catalyst Fund.</li>
<li>Samsung Electronics&rsquo; former chief strategy officer and corporate president, Young Sohn, has joined Ada Health&rsquo;s board.</li>
<li>Ada Health has developed a doctor-in-your-pocket-style app that uses artificial intelligence to diagnose symptoms.</li>
<li>Founded in 2011, Ada Health&rsquo;s app has been downloaded over 11 million times.</li>
<li>&ldquo;The app basically works like a WhatsApp chat with your trusted family doctor, but 24/7&rdquo; Nathrath, CEO of Ada Health, told CNBC.</li>
<li>The patient starts by entering their symptoms, and an AI chatbot will ask a series of questions to determine the issue.</li>
<li>After that, the app will present the patient with the conditions that are most likely to be the cause and offer some suggestions.</li>
<li>The iOS and Android apps give generic advice, such as seeing a general practitioner in the next three days.</li>
<li>But when patients interact with Ada Health through a health system that uses the app, they can go straight into booking an appointment and sharing the outcome of their pre-assessment with a real doctor, Nathrath said.</li>
<li>Many companies such as&nbsp;Axa OneHealth,&nbsp;Novartis AG&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/nvs#NYSE">NVS</a>),&nbsp;Pfizer Inc&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/pfe#NYSE">PFE</a>), and&nbsp;SutterHealth&nbsp;are all listed as partners on Ada Health&rsquo;s website.</li>
<li>While the app is free for patients to download, Ada Health charges partners for access to its software.</li>
<li>Last week,&nbsp;Alphabet Inc&nbsp;(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/goog#NASDAQ">GOOG</a>) announced a&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/general/biotech/21/05/21191864/google-introduces-health-ai-tool-to-identify-skin-conditions?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+benzinga+%28Benzinga+News+Feed%29" style="color:#4a6ee0; background:transparent; margin-top:0pt; margin-bottom:0pt" target="_blank">web tool that uses artificial intelligence</a>&nbsp;to help people identify skin, hair, or nail conditions.</li>
</ul>

Financing

BAYRY

BAYZF

Artificial Intelligence Doctor App Ada Health Closes $90M Funding Led By Bayer, Samsung

<ul>
<li>A group of U.S. chip companies, including&nbsp;Intel Corp&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/intc#NASDAQ" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">INTC</a>),&nbsp;Qualcomm Inc&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/qcom#NASDAQ" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">QCOM</a>),&nbsp;Micron Technology Inc&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/mu#NASDAQ" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">MU</a>), and&nbsp;Advanced Micro Devices Inc&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/amd#NASDAQ" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">AMD</a>), sent a letter to President Joe Biden requesting for grants or tax credits as part of his economic recovery and infrastructure plans,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/article/us-usa-semiconductors/u-s-chip-industry-calls-on-biden-administration-to-fund-factories-idUSKBN2AB11H" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">Reuters reports</a>.</li>
<li>The global crisis of chips has hampered production at&nbsp;Ford Motor Co&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/f#NYSE" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">F</a>) and&nbsp;General&nbsp;Motors Co&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/gm#NYSE" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">GM</a>), which could translate into an estimated loss in billions. The crisis has made it difficult it purchase popular gaming consoles like&nbsp;Microsoft Corp&rsquo;s&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/msft#NASDAQ" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">MSFT</a>) Xbox and&nbsp;Sony Corp&rsquo;s&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/sne#NYSE" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">SNE</a>) PlayStation.</li>
<li>The crisis was triggered by Donald Trump&rsquo;s trade war with China, including the embargo on China&rsquo;s biggest foundry Semiconductor Manufacturing International (SMIC).</li>
<li>As a result, the chip sourcing shifted to Taiwan and Korea to companies like&nbsp;Taiwan Semiconductor Mfg Co Ltd&nbsp;(NYSE:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/tsm#NYSE" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">TSM</a>) and&nbsp;Samsung Electronics&nbsp;Co Ltd&nbsp;(OTC:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/ssnlf#OTC" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">SSNLF</a>).</li>
<li>However, the newer destinations have been unable to fulfill the burgeoning demand for chips, which was further fueled by the pandemic due to higher remote work and cloud requirements.</li>
<li>Recently,&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/news/21/02/19515247/samsung-nominates-austin-for-17b-plant-to-drive-u-s-chip-production" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">U.S. Senator Charles E. Schumer assured federal</a>&nbsp;incentives for Samsung&rsquo;s factory in New York to drive their local chip production versus China.&nbsp;Apple Inc&rsquo;s&nbsp;(NASDAQ:&nbsp;<a class="editor-rtfLink" href="https://www.benzinga.com/stock/appl#NASDAQ" style="color: rgb(14, 16, 26); background: transparent; margin-top:0pt; margin-bottom:0pt;; color: #4a6ee0;" target="_blank">APPL</a>) major chip supplier TSM already disclosed plans for a $12 billion chip plant in Arizona to come online by 2024.</li>
</ul>

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