Samsung Chip Shortage Projected Through 2028 as Shares Surge 8%
Samsung Electronics expects global memory chip shortages to worsen and extend into 2028, according to company executives, even as surging semiconductor prices drive massive profit growth while simultaneously squeezing the firm’s mobile division. The memory giant posted an operating profit of 89.2 trillion won ($61.7 billion) for the second quarter, marking a more than 250-fold … Read more