Samsung Boosts Spending After Chip Profit Misses Estimates

source: news (news:bloomberg-tech)published 2026-10-29 01:00ingested 2026-10-29 03:01

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Samsung Electronics Co. hiked its spending plans after relentless demand for AI infrastructure drove memory prices higher, though its chip division’s profit missed lofty investor expectations.

document fetched 2026-10-29 03:01 · canonical https://bloomberg.com/news/articles/2026-10-29/samsung-chip-profit-misses-estimates-lifted-by-resurgent-ai-hope