Tag: $Samsung

South Korean tech giants to build a $518 billion chipmaking hub to serve soaring AI demand

Samsung Electronics (005930.KS), said ‌on Wednesday it was considering buying back shares to fund stock-based employee compensation tied to its 2026 performance, but that no details including timing or ​size of the buyback had been decided.

South Korea’s government is in talks with Samsung Electronics and SK Hynix over plans for the next phase of large-scale investments in semiconductor production facilities, an official said on Wednesday, adding an announcement on a new chip cluster would be made soon.

Shares of Samsung Electronics surged as much as 6.51% after the company said it had begun shipping samples of its latest high-bandwidth memory chip to its customers globally.

Shares hit record high as major strike averted, union makes concessions
Samsung giving less compensation per person than SK Hynix

Union plans to go ahead with 18-day strike from Thursday
Government has warned of emergency arbitration order to delay strike

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.

South Korea’s Samsung Electronics (5930), will withdraw the sale of its home appliances ​and TV sales business from China ‌within this year, the Nikkei newspaper reported on Monday.

Samsung Electronics (5930) expects to report a huge profit surge in the first quarter. It’s good news for its peer Micron Technology (MU), with both companies set to ride a wave of demand for memory chips.

Apple announced a significant expansion of its American Manufacturing Program on Thursday, bringing four new partners — Bosch, Cirrus Logic, TDK, and Qnity Electronics — into its domestic supply chain.

Google’s latest research which claims to make AI models more efficient is putting pressure on memory stocks, with investors concerned the breakthrough could see a slowdown in chip demand.

Samsung Electronics (5930), opens new tab and Advanced Micro Devices (AMD), signed a memorandum of understanding to expand their strategic partnership on memory chip ​supplies for artificial intelligence infrastructure, the companies said on Wednesday.

Shares of Samsung Electronics (5930) rose as much ​as 5% on Tuesday after Nvidia (NVDA) CEO Jensen Huang said ‌the South Korean company was producing Nvidia’s new artificial intelligence chips.

Samsung Electronics (5930) said Thursday that it has become the first company to ship a new type of memory-chip crucial for artificial-intelligence processors. But Micron Technology (MU) is hot on its heels.

Samsung Electronics (5930) stock gained on Monday following a report that it will start large-scale production of the next generation of high-bandwidth memory chips as soon as this month. That lays down a challenge to American rival Micron Technology (MU).

Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings.

Samsung Electronics (005930) is set to supply Nvidia (NVDA) with next-generation memory chips, according to a report. That’s a bit of a concern for Micron Technology (MU) but it shouldn’t put too much of a dent in optimism around the U.S. memory hardware company.

Samsung Electronics (005930) forecast a record quarterly profit on the back of surging memory-chip prices. The figures bode well for U.S. rival Micron Technology (MU)

Samsung Electronics plans to double this year the number of its mobile devices with “Galaxy AI” features largely powered by Google’s Gemini, its co-CEO said, which would give the U.S. firm an edge over rivals as the global race in artificial intelligence heats up.

The U.S. government has granted an annual licence to Samsung Electronics (005930.KS) and SK Hynix (000660.KS) bring in chip manufacturing equipment to their facilities in China for 2026, two people familiar with the matter said on Tuesday.