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(Reuters) - Startup EnCharge AI raised more than $100 million in a Series B funding round led by Tiger Global to bring more efficient and less expensive AI chips to the market, the company said on Thursday. The company did not disclose details on valuation. aAdsList.push('Article'); aAdsListSize.push([300, 250]); aAdsListCA.push(null); EnCharge AI develops analog chips that are integrated into semiconductors used for storage. These in-memory chips are designed for inference, a phase where AI models are utilized rather than trained. While most AI inference chips are typically housed in vast server clusters within data centers, EnCharge AI's chips are designed for edge computing, being utilized in user-facing devices like laptops. Their approach to embedding analog processing in memory chips allows their accelerators to perform AI tasks with up to 20 times less energy consumption compared to some of the leading AI chips, the company said. Battery-powered devices like laptops and smartpho

The Fund declined 7.35% in Q4 2024, outperforming the MSCI Emerging Markets Index but slightly lagging the MSCI Emerging Markets IMI Growth Index. Taiwan Semiconductor Manufacturing Company Limited and HD Hyundai Heavy Industries Co., Ltd. were top contributors due to strong demand and technological leadership. Swiggy Limited and Alibaba Group Holding Limited were top detractors, with Swiggy's IPO underperforming and Alibaba facing domestic commerce growth challenges.

Samsung Electronics Co., Ltd. (OTCPK:SSNLF) Q4 2024 Earnings Conference Call January 30, 2025 8:00 PM ET Company Participants Daniel Oh - Head of Investor Relations Sooncheol Park - Head of Corporate Management Office and Chief Financial Officer Jaejune Kim - Executive Vice President of Memory Hyeokman Kwon - Vice President of System LSI Mijung Noh - Vice President of Foundry Charles Hur - Executive Vice President of Samsung Display Corp Daniel Araujo - Vice President of Mobile eXperience KL Roh - Vice President of Visual Display Conference Call Participants Dongwon Kim - KB Securities Dong Hee Han - SK Securities Co. Sei Cheol Lee - Citigroup Inc. Nicolas Gaudois - UBS Securities Giuni Lee - Goldman Sachs Group, Inc. Sung-kyu Kim - Daiwa Securities Min-Sook Chae - Korea Investment & Securities Co. Simon Woo - Bank of America Merrill Lynch Operator Hello, everyone, and welcome to the Samsung Electronics 2024 Fourth Quarter Financial Results Conference Call.

Samsung Electronics faced significant challenges in 2024, including poor execution in the HBM market, increased DRAM competition, and political turmoil in Korea. Despite these issues, Samsung's valuation has reached deep value territory, presenting a buying opportunity for a high-quality business with $66 billion in net cash. Management's rare apology and Jensen Huang's support indicate potential for recovery, especially if Samsung secures HBM supply to Nvidia.

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Last year's stock market's performance has been remarkable, seeing my portfolio up 31.1%. 2025's market performance looks uncertain due to high valuations and potential adverse events like inflation resurgence and geopolitical conflicts. Top picks for 2025 include Alphabet, Amazon, and MercadoLibre, all expected to benefit from leading market positions and secular growth.

Samsung Electronics unveiled plans Friday to buy back 10 trillion won ($7.2 billion) of its shares over the next year, sending its stock soaring in South Korean trading.

2024 has been an exceptional year for equities, with the S&P500 up 21.3% YTD, driven by a strong economy, full employment, and an AI investment narrative. Despite relatively high valuations, few high-quality stocks have sold off recently. ASML's recent decline presents a long-term buying opportunity despite short-term challenges in the semiconductor industry and delayed growth expectations.

Samsung Electronics Co., Ltd. (OTCPK:SSNLF) Q3 2024 Earnings Conference Call October 30, 2024 9:00 PM ET Company Participants Daniel Oh - Head, IR Jaejune Kim - EVP, Memory Tommy Kwon - VP, System LSI Taejoong Song - VP, Foundry Charles Hur - EVP, Samsung Display Corp Jongmin Lee - EVP, CX MDE Daniel Araujo - VP, Mobile eXperience KL Roh - VP, Visual Display Conference Call Participants Dong-Won Kim - KB Securities Sung-kyu Kim - Daiwa Securities Nicolas Gaudois - UBS Securities Sei Cheol Lee - Citigroup Giuni Lee - Goldman Sachs Dong-je Woo - Bank of America Merrill Lynch Operator Hello, everyone, and welcome to the Samsung Electronics 2024 Third Quarter Financial Results Conference Call.

Samsung has struggled to match some of its rivals in terms of producing advanced chips.