Tech companies are touting new AI technology that can spit out business memos or computer code. They are still figuring out how those products will generate a profit.

Samsung Electronics' first-quarter profit is expected to plunge 92% to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown.

Texas Instruments forecast first-quarter revenue and profit largely below Wall Street targets on Tuesday, as an economic downturn threatens to shackle demand from the chipmaker's so far resilient markets.

Toshiba, which is exploring options for a buyout, cut its profit forecast for the year ending March to 125 billion yen from 170 billion yen.

HP reported quarterly sales that missed estimates and reduced its annual profit forecast on falling demand for personal computers and printers, especially among consumers. The shares fell in extended trading.

Apple reported an almost 11% decline in profit after weathering supply constraints and shutdowns in China, although iPhone sales continued to grow, remaining resilient despite economic challenges.

Texas Instruments tumbled in late trading Tuesday after China's ongoing Covid-19 lockdowns crimped the company's sales and profit forecasts, with the restrictions idling factories and slowing shipments.

Intel chief executive Pat Gelsinger said Intel would be interested in participating if a consortium emerges to own the British semiconductor and software design company Arm.

Teradyne reported higher fourth-quarter profit and revenue, helped by strong demand across test and industrial automation end markets.

On the call, Intel Chief Executive Pat Gelsinger told analysts that the company has "a lot of catching up to do" in building out capacity, or "shells," to address supply constraints.

Total consolidated revenue was a quarterly record of KRW73.98 trillion (US$63.4 billion), a 10% increase from a year earlier, which was the previous high. Operating profit increased 26% from the previous quarter to KRW15.82 trillion, the second-highest ever, as favorable market conditions continued in the memory market while the foundry and display businesses achieved robust sales.

Samsung Electronics is likely to turn in its best quarterly profit in three years and a record revenue, on rising memory chip prices and brisk sales of its new foldable smartphones, analysts' estimates show.

Toshiba said on Thursday it swung back to profit in the first quarter, as sales of automotive chips and hard disk drives recover from a pandemic-driven slump in demand.

Microsoft posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.

Apple's profits almost doubled in its latest quarter to US$21.7 billion, as iPhone sales surged and anticipated component shortages failed to bite.

LG Electronics' net profit rose 7.6% in the first quarter, driven by solid demand for televisions and home appliances. Market analysts largely view the company's pullout from its smartphone business as improving its business and financial health in the long run despite a near-term revenue setback.

Samsung Electronics beat analyst estimates for profit in the first quarter, but warned of continued fallout from semiconductor shortages as the global economy recovers from the Covid-19 pandemic.

SEC could take a hard look at bitcoin transactions when Tesla files its quarterly statements, after a $101 million profit from sale of digital asset.

Samsung Electronics likely saw a 45% jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its US plant.

Shares of Micron Technology rose 1.8% in Wednesday morning trading after the company updated its fiscal second-quarter outlook with a more upbeat profit and revenue forecast.

Huawei Technologies took the wraps off a high-end foldable smartphone to try and stake out a place in the fast-expanding category, revealing that revenue and profit barely grew in 2020 at the height of Trump-era sanctions.

Semiconductor company STMicroelectronics NV (STM) on Wednesday reported a 7.9 percent growth in its profit for the first quarter, as revenues rose 7.5 percent, led by higher sales of Imaging products, and Analog and Micro-controllers.

Cisco aims to increase both its revenues and profit margins in an optical networking market shifting to components with its $2.6 billion bid for Acacia Communications. The deal would put the Ethernet giant in the long-distance market for the first time and help it retain business from web giants who are increasingly buying optical modules directly from component makers.

The expected decline in profit is due to the lower than expected sales of its OLED TVs and the continued losses from its mobile business.

Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut.

STMicroelectronics jumped over 10% in Paris after the European chip maker posted rises in profit and revenue for the fourth quarter and said it expects revenue growth will accelerate in the second half of 2019.

TSMC will struggle to plug the hole left by Apple Inc.'s declining smartphone orders in 2019, according to Sanford C. Bernstein's Mark Li, who has told clients to prepare for the firm's first annual profit drop in eight years.

Skyworks Solutions, a supplier to Apple, lowered its fiscal first-quarter revenue and profit guidance, citing a weakening smartphone market.

Shares in iPhone parts supplier Lumentum plunged after the maker of optical devices on Monday cut its fiscal second-quarter revenue guidance by roughly 17% and its profit outlook by 25%. The slashed guidance sent down shares in presumed customer Apple.

Samsung Electronics slashed 2018 capex by more than a quarter on Wednesday and warned of lower profit until early next year, calling an end to a two-year boom in memory chips that fueled record third-quarter profit.

Samsung Electronics is expected to post its smallest profit growth in more than a year in the second quarter, as lackluster sales of its premium Galaxy smartphones overshadow its highly profitable chip business.

Microsoft exceeded analysts' projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud-computing services as the software maker added new features. Profit in the period ended March 31 rose to US$7.42 billion.

Samsung Electronics said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.

Western Digital gave strong profit forecasts for the current quarter and the full year on Thursday and said the flash memory market would grow faster this year, easing investor jitters that the surging demand for memory chips was fading.

Nearly three years after Tokyo Electron's planned merger with Applied Materials collapsed over objections from US anti-trust regulators, the Japanese company finds itself in a surprising position: healthier profit margins.

Japan's Sony has said it expects to deliver record annual profits as sales from its gaming businesses and smartphone parts boost the firm.

Samsung Electronics is expected to report its best-ever quarterly profit in the second quarter, with soaring memory chip sales pushing it past Intel as the biggest semiconductor maker by revenue for the first time.

Samsung Electronics' flourishing components business helped the South Korean technology giant notch up its highest quarterly profit in more than three years, as the company said that it would not adopt a holding company structure after a monthslong internal review.

Samsung Electronics is expecting operating profits of KRW9.9 trillion ($8.8 billion) for the first quarter of 2017, its second-highest quarterly profit, thanks to strong performance from its chip business and despite the absence of the Galaxy Note 7.

Record earnings at Samsung Electronics' chip division are set to propel the tech giant's first-quarter profit to a three-and-a-half-year high, and the quarters ahead could be even better if its newest smartphone, Galaxy S8, is a success.