Samsung extends cut in memory chip production, will focus on high-end AI chips instead

Samsung Electronics continues to cut back its memory chip production, including NAND flash used in smartphones and PCs, after reporting a $3.4 billion (4.36 trillion won) operating loss in the second quarter of this year in its memory chip unit. The world’s biggest memory chip maker posted a roughly $7 billion operating loss in its […]

ai ai chips artificial intelligence billion chip chips earnings electronics enterprise flash focus loss memory nand production reporting samsung samsung electronics second quarter semiconductors smartphones world