Smart machines are very popular. We call this the AI boom. Firms need special computer parts. These parts are memory chips. Samsung is a firm in South Korea. It makes these chips. Samsung expects a huge profit. The profit is 89 trillion Won. That is 50 billion Euro. This is 18 times more than last year.
SK Hynix also earns much money. It is a rival to Samsung. SK Hynix wants to sell shares in the USA soon. The firm wants 28 billion Dollar. Tech firms in the USA have a high value. Nvidia is the most valuable firm in the world. Alphabet and Apple come after that. The USA has the most expensive firms.
The success of the chip firms causes debate. Staff in South Korea get high rewards. Some staff get bonuses of many thousand Euro. But other jobs in South Korea struggle. Many young people have no work there. Europe has only few big tech firms. Experts say: Europe must work faster.
