Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace

Samsung’s third-quarter profit more than doubles, beating estimates as chip recovery gathers pace

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images Samsung Electronics reported a rebound in earnings on Thursday, with operating profit more than doubling from the previous quarter on strength from its chip business.  Here are Samsung’s third-quarter results compared with LSEG SmartEstimate, which is…

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Eli Lilly, Nvidia partner to build supercomputer, AI factory for drug discovery and development

Eli Lilly, Nvidia partner to build supercomputer, AI factory for drug discovery and development

Eli Lilly and Nvidia are partnering to build what they call the pharmaceutical industry’s “most powerful” supercomputer and so-called AI factory to help accelerate drug discovery and development across the sector, the companies announced Tuesday.  It’s the latest stride by Nvidia and the pharmaceutical industry to harness AI to help shorten the time it takes…

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