OpenAI CEO Sam Altman signed partnership deals for artificial intelligence with SK Hynix and Samsung in a visit to Korea Wednesday. He met with President Lee.

Chip stocks gained ground on Thursday following reports that South Korea’s largest companies signed initial agreements to supply chips to OpenAI’s Stargate project, boosting optimism for artificial intelligence memory demand.

That’s a delicate balance to achieve, and every economic report from the U.S. government that gets delayed only increases uncertainty. Stocks have already run to records on expectations for coming cuts to rates, so a lack of them could send the market lower.

OpenAI and South Korean tech giants Samsung and SK announced a partnership on Wednesday to provide chips and other solutions for Stargate, the company reported.

Samsung AI is a system of home appliances that utilizes artificial intelligence. It understands and adapts to users' needs, learning from their behavior and environmental cues to provide greater convenience.

The government shutdown enters a second day. Follow along for live updates on the market reaction and track the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.

Samsung Electronics Co. unveiled a $650 version of its premium S25 smartphone and a pair of new tablets, the latest effort to roll out artificial intelligence features across its hardware lineup.

Samsung Electronics said on Tuesday it has started rolling out its latest One UI 8 software to Galaxy smartphones, featuring more personalised artificial intelligence (AI) tools and enhanced security.