Samsung flags eightfold jump in quarterly profit as AI chip demand pumps prices

By Hyunjoo Jin and Heekyong Yang SEOUL, April 7 (Reuters) - Samsung Electronics on Tuesday projected its first-quarter ...
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(Lead) AMD chief to visit Samsung's chip plant this week: sources

SEOUL, March 17 (Yonhap) -- Lisa Su, chief executive officer (CEO) of Advanced Micro Devices Inc., is scheduled to visit Samsung Electronics Co.'s production line in South Korea and meet senior ...
CNBC

Samsung’s third-quarter profit more than doubles, beating estimates on strong demand from AI chips

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 ...
CNN

Elon Musk says Tesla and Samsung have signed a $16.5 billion chip deal

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 ...
Reuters

Samsung sees acute chip shortage persisting, warns of mobiles headwind after profit triples

SEOUL, Jan 29 (Reuters) - Samsung Electronics (005930.KS), opens new tab forecast a worsening chip shortage this year driven by the AI boom, with strong memory demand benefitting its mainstay chip ...
Reuters

Samsung Elec plans over $73 bln investment in 2026 to lead in AI chip sector

SEOUL, March 19 (Reuters) - Samsung Electronics (005930.KS), opens new tab said on Thursday that it plans to invest more ‌than 110 trillion won ($73.24 billion) this year in research and development ...