Federal Reserve Chair Kevin Warsh said he believes US college graduates have the skills and instincts needed to handle artificial intelligence.

Samsung Electronics on Wednesday announced a titanium-based display technology for its next-generation Galaxy foldable phones. Branded Flex Titanium, Samsung says the technology will reduce visible crease depth, improve screen durability, enable thinner device designs and deliver higher energy efficiency. Flex Titanium will debut on the company’s eighth-generation Galaxy foldable smartphone at a July 22 launch in London. The solution replaces the polymer film beneath the OLED panel with a titanium-alloy thin film paired with an upgraded titanium-alloy plate, forming a dual structure that Samsung says balances strength and flexibility and builds on R&D from seven prior foldable generations.

REUTERS TANKAN: Robust semiconductor demand kept Japanese manufacturing confidence relatively upbeat in July, with the manufacturing business conditions index steady at 13. Non-manufacturing confidence fell to 25 from 32 as Middle East tensions, a weak yen and rising interest rates raised costs. Manufacturers reported a semiconductor market recovery — including memory-related demand — and rapidly expanding orders for chip applications and AI-server products; electronic component orders broadly increased. A precision machinery firm said order volumes and values are at unprecedented levels and flagged capacity constraints. Services firms said Middle East tensions show early signs of easing but the situation remains unsettled. Looking ahead, manufacturers expect sentiment to stay stable and the October manufacturing index to nudge to 14, while non-manufacturing is forecast to remain at 25 as firms assess geopolitical and supply-chain risks.