<span>Stories: From Samsung’s huge Q1 forecast to Musk’s growing Terafab project, this is AI Weekly. </span><span>:: AI Weekly</span><span>Samsung expected its first-quarter profit to exceed last year’s overall profit.</span><span>That’s because demand for AI infrastructure is surging, limiting chip supply and pushing up prices. </span><span>Samsung chip prices nearly doubled in the first quarter alone. </span><span>In addition, profit for the January-March period is estimated to be more than $37.9 billion, an increase of more than eight times compared to the same period last year, far exceeding expectations. </span><span>Shares of peer SK Hynix soared on Wednesday after Samsung’s record high forecast.</span><span>The market doubted whether SK Hynix would be on track to achieve similar results.</span><span>Korea Investment Securities raised its full-year operating profit forecast.</span><span>It is now up 28% to just over $146.5 billion, more than four times as much as last year.</span><span>This comes after the price of two of the company’s chips rose significantly more than expected. </span><span>Intel has announced that it will join Elon Musk’s Terafab AI chip complex project. </span><span>The tech giant, which joins SpaceX and Tesla, will make processors that power Musk’s robotics and data center ambitions. </span><span>It comes after the tech billionaire laid out plans to build a massive AI chip factory to further the EV maker’s self-driving ambitions.</span><span>Intel’s stock price rose more than 2% following the announcement. </span><span>Uber uses custom chips from Amazon to speed up computing and train its AI models.</span><span>According to the cloud giant, this is what happened.</span><span>This ride-hailing company is seeking advanced hardware to increase its competitiveness. </span><span>This includes optimizing the digital interface, accelerating ride matching, and personalizing the user experience.</span><span>The deal expands Uber’s partnership with the two companies to include the use of Amazon Web Services’ Graviton chip.</span>
