How Samsung became the worlds No. 2 advanced chipmaker and set the stage for a U.S. manufacturing boom

2023-06-09 13:00:01  • 10 mins

In this article

  • NVDA
  • QCOM
  • 6758.T-JP
  • AMAT
  • AMD
  • 2330-TW
  • .FKRX300
  • MU
  • AAPL

Follow your favorite stocksCREATE FREE ACCOUNT

Samsung's brand is everywhere. From Galaxy phones and smart TVs to washing machines and refrigerators, the company says its products can be found in nearly three-quarters of U.S. households.

But Samsung is much more than gadgets and appliances, and there's another reason why it's one of the world's most valuable companies. It's the second-biggest maker of chips that are powering so many popular devices.

For more than three decades, Samsung has been a leader in memory chips, which are used for digital data storage. But that's been a market in turmoil. Over the last year, prices for memory chips have taken a dive, and they're expected to fall up to 23% more in the current quarter. In April, Samsung reported dismal earnings for the first quarter, with profit plunging to its lowest level since 2009.

Continue read on

The iPhone has been the product that's driven Apple (NASDAQ: AAPL) for 15 years, but it's now such a good product that new models are only slight upgrades...
Logo NasdaqNasdaq
2023-09-30 12:00:00  • 1 min
South Korea's semiconductor industry, a key sector accounting for 20% of national exports, is grappling with geopolitical tensions and uncertainties. Amid...
2023-09-27 10:30:09  • 1 min
Technology stocks were gaining pre-bell Friday as the Technology Select Sector SPDR Fund ( XLK ) was almost 1% higher while the SPDR S&P Semiconductor...
Logo NasdaqNasdaq
2023-09-29 13:21:12  • 1 min
Huaweis return to the 5G smartphone market and the controversy over its advanced, made-in-China processor reflect the lengths taken by the company to build...
The latest tally of analyst opinions from the major brokerage houses shows that among the components of the S&P 500 index, Advanced Micro Devices is now...
Logo NasdaqNasdaq
2023-09-29 16:47:24  • 1 min
( Kitco News ) - Kitco ranked the top 10 silver producing companies worldwide based on reported silver output in Q2 2023. Codelco and Polymetal were excluded...
Over the past few years, investors have paid a growing amount of attention to semiconductor stocks. Advanced chips are powering an increasing number of...
Logo NasdaqNasdaq
2023-09-29 20:00:00  • 1 min
Key Points Microsoft's Kevin Scott said AMD's graphics cards will be increasingly critical in the years to come. The two companies have a long relationship...
2023-09-28 18:48:05  • 1 min
T-Mobile US (TMUS) has been a stellar performer in the American telecom scene, as it gained considerable market share over its rivals - including AT&T...
Logo NasdaqNasdaq
2023-09-29 16:22:45  • 1 min
South Koreas vital semiconductor sector depends on China. A deadline looms for how it could be affected by U.S. efforts to control Chinas tech advance....
Logo The New York TimesThe New York Times
2023-09-27 09:23:41  • 1 min
In today's video, I discuss my top semiconductor stock to buy now based on growth opportunities and valuation. Check out the short video to learn more,...
Logo NasdaqNasdaq
2023-09-29 10:00:00  • 1 min
What happened According to data compiled by S&P Global Market Intelligence, retailer American Eagle Outfitters (NYSE: AEO) was a standout stock this...
Logo NasdaqNasdaq
2023-09-29 22:42:08  • 1 min
Tech stocks were higher late Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.4% and the Philadelphia Semiconductor index gaining...
Logo NasdaqNasdaq
2023-09-29 19:43:04  • 1 min
In the past 14 years, Bitcoin (CRYPTO: BTC) has gained significant attention primarily due to an impressive 199,900% increase since 2013. For some context,...
Logo NasdaqNasdaq
2023-09-29 13:21:00  • 2 mins
A boom in the artificial intelligence (AI) market this year made Advanced Micro Devices (NASDAQ: AMD) a favorite on Wall Street. Its shares are up around 50%...
Logo NasdaqNasdaq
2023-09-29 09:08:00  • 1 min
The markets have given investors a wild ride over the last three years, and that has resulted in several promising companies selling at deeply discounted...
Logo NasdaqNasdaq
2023-09-30 11:20:00  • 2 mins
Key Points Revenue from China's top chip equipment makers surged in the first half of the year, research released on Thursday showed. Semiconductors, which...
2023-09-28 11:12:20  • 1 min
Rounding out September and heading into the fourth quarter the broader technology sector has lost some steam with the Nasdaq down -6% for the month but still...
Logo NasdaqNasdaq
2023-09-30 01:05:00  • 1 min
Best News Website or Mobile Service WAN-IFRA Digital Media Awards Worldwide 2022 Best News Website or Mobile Service Digital Media Awards Worldwide 2022...
Logo Channel NewsAsiaChannel NewsAsia
2023-09-30 01:41:44  • 1 min
Year to date, tech stocks are still on track for a banner year, but some of the air in the rally has come out over the last month or two. Enthusiasm about...
Logo NasdaqNasdaq
2023-09-30 11:53:00  • 1 min