Tesla CEO Elon Musk said the U.S. automaker had signed a $16.5 billion deal to source chips from Samsung Electronics, a move expected to bolster the South Korean tech giant’s loss-making contract ...
SEOUL, Oct 30 (Reuters) - Samsung Electronics (005930.KS), opens new tab expects demand for memory chips for the global AI infrastructure build-out to far outstrip the company's supply, and said on ...
Samsung Electronics Co. Ltd. is expecting to cash in big time on the artificial intelligence chip bonanza, forecasting a three-fold increase in its fourth-quarter operating profit thanks to surging ...
Operating profit rose to 12.2 trillion won, topping both company guidance and analyst forecasts. Memory chip sales hit an all-time high, propelling Samsung’s Device Solutions division revenue to 33.1 ...
Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip sector and eyeing Taiwan’s TSMC in the battle for supremacy in another. But ...