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Tesla, Samsung Sign $16.5 Billion Deal to Make AI Chips

Samsung Electronics will manufacture artificial-intelligence chips for Tesla in Texas under a $16.5 billion multiyear deal, a major win for its U.S. foundry business that sent shares of South Korea’s ...
CNN

Samsung profit tumbles as it struggles to catch up in the AI chip race

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 ...
SiliconANGLE

Samsung forecasts record-breaking profit on booming AI chip demand

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 ...
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 ...
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 ...