News

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 ...
Hoodline9h
Tesla and Samsung Seal $16.5 Billion Deal for AI Chip Production in Taylor, Texas, Sparking Economic Optimism
Tesla and Samsung sign a $16.5 billion deal for AI chip production in Taylor, Texas, set to strengthen the local economy and ...
Samsung chip arm logs big profit miss in sign of widening crisis
Profit fell after Samsung’s foundry arm booked a one-time inventory cost as export controls led to unsold AI chips.
DIGITIMES2h
Samsung's Lee Jae-yong visits DC with US tariff negotiations ongoing, eyes further Texas investment
Samsung Electronics Chairman Lee Jae-yong recently made a spontaneous trip to Washington, DC, to assist South Korea in ongoing reciprocal tariff negotiations with the US. As AI semiconductors emerge ...
Samsung Electronics shares extend gains after Tesla deal, but challenges remain
Shares in Samsung Electronics eked out small gains on Tuesday, following a sharp rally the previous day after the South ...
Tech giants strike major Texas AI development deal
Tesla CEO Elon Musk announced that Samsung will supply the Austin automaker's next-generation chips in a $16.5 billion deal at Samsung's Texas facility . "Samsung's giant new Texas fab will be ...