TOKYO -- Corporate profits fell worldwide for the first time in three quarters during January-March, data compiled by Nikkei shows, as economic headwinds in China rippled across industries ranging from chemicals to steel and machinery.
Yet American tech giants and semiconductor-related companies are posting gains on the rise of generative artificial intelligence, highlighting the global economy's growing reliance on the U.S.
.jpg?width=178&fit=cover&gravity=faces&dpr=2&quality=medium&source=nar-cms&format=auto&height=100)
