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Mar 19

Samsung Pours $73B Into AI Chip Expansion.

The company has announced a significant strategic initiative, earmarking a 22 percent increase in its production and research investments for 2026. Th

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Originally reported bytheverge

The company has announced a significant strategic initiative, earmarking a 22 percent increase in its production and research investments for 2026. This substantial financial commitment is aimed at surpassing SK Hynix's current position as Nvidia's leading memory provider. Co-CEO Jun Young-hyun attributes this surge in investment to a robust increase in orders, primarily propelled by the escalating demand for agentic AI. He further clarified that these funds are being directed towards pivotal "future-oriented" sectors, notably advanced robotics.

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