<div id="readability-page-1"><div>Samsung Electronics (SSNLF) labor talks collapsed on Wednesday, increasing the possibility of a strike that could tighten global memory-chip supply and lift semiconductor shares.Micron Technology climbed about 4%, while Seagate Technology (STX) gained about 2%, Western Digital (WDC) rose nearly 2% and Sandisk (SNDK) added more than 2%. Nvidia advanced about 2%, and AMD rose roughly 2% as investors reacted to potential supply-chain pressure.Broadcom (AVGO) gained about 2%, Qualcomm climbed more than 3% and chip-equipment makers ASML (ASML), Lam Research , Applied Materials (AMAT) and KLA also traded higher. The gains followed Samsung management's rejection of a proposal previously accepted by union representatives.A broader work stoppage is expected to begin Thursday unless both sides return to negotiations. Samsung shares slid as much as 4% after the talks failed, reflecting concern that prolonged disruptions could affect supply for products ranging from AI servers to smartphones and electric vehicles.</div></div>

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Samsung Electronics' labor talks collapsed, raising the risk of a strike that could impact global memory-chip supply. This news led to a rally in semiconductor stocks, with Micron Technology up 4%, Nvidia and AMD both rising about 2%, and other chip-related companies also gaining. Samsung shares fell 4% amid concerns over potential supply disruptions affecting various tech products.

- Samsung Electronics' labor negotiations collapsed, raising concerns of a potential strike that could impact global memory-chip supply.  
- Following the news, shares of several semiconductor companies like Micron Technology and Nvidia experienced gains as investors reacted to the implications for supply chains.  
- Samsung's shares fell 4% amid worries that continued disruptions might affect the supply of various tech products, including AI servers and smartphones.

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