Samsung is Going Big, Not Home, in Advanced Chips

So far, 2022 has largely left a bad taste in the mouth for chip stock investors. Nonetheless, South Korea’s chip juggernaut Samsung Electronics is looking through the tough times: ambitious investments in its foundry business and the increasing politicization of the chip business will be tailwinds over the long run.

Market carnage has been especially obvious in the semiconductor sector, and Samsung is no exception. Its shares have lost around 40% of their value since early 2021, wiping out almost $300 billion of market value. 

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *