Samsung Hits $1 Trillion Milestone as AI Demand Soars
5/6/202614 min
A.M. Edition for May 6. A Journal investigation finds China is supplying Russia and Iran with drone factories. WSJ senior correspondent Josh Chin explains how Chinese companies are managing to circumvent U.S. sanctions. Plus, Samsung joins the trillion dollar club amid relentless demand for AI memory chips. And weight-loss drug giant Novo Nordisk surprises with strong sales even as competition with Eli Lilly continues to weigh on growth. Daniel Bach hosts.
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First 90 secondsSpeaker 00:00
So there's a lot of noise about AI, but time's too tight for more promises. So let's talk about results. At IBM, we work with our employers to integrate technology right into the systems they need. Now, a global workforce of 300,000 can use AI to field their HR questions, resolving 94% of common questions. Not noise, proof of how we can help companies get smarter by putting AI where it actually pays off, deep in the work that moves the business. Let's create smarter business, IBM.
Daniel Bach· Host0:30
[upbeat music] A Journal investigation finds China is supplying Russia and Iran with drone factories, circumventing US sanctions. Plus, Samsung joins the trillion dollar club amid relentless demand for AI memory chips. And weight loss drug giant Novo Nordisk surprises with strong sales, even as competition continues to weigh on growth.
Speaker 2· Soundbite0:51
For now, we have to remember that the pill from, from Lilly is just launched, but they are off to a s- very strong start, and Lilly have to be on their toes to keep up.
Daniel Bach· Host1:01
It's Wednesday, May 6th. I'm Daniel Bock for the Wall Street Journal, filling in for Luke Vardis, and here is the AM edition of What's News, the top headlines and business stories moving your world today. [upbeat music] President Trump has scored decisive victories in a handful of Indiana State Senate primaries, and a sign his grip on the Republican Party base remains firm.
Ken Thomas1:25
President Trump had warned that a group of Indiana Republican state senators