Fortune· 2h ago· 1 min read
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., as the companies race to win a larger share of the AI infrastructure market.
The pact, to run for five years through 2030, will focus on Samsung’s 2-nanometer and below process technologies for Broadcom’s products, the South Korean chipmaker said in a statement on Saturday. The deal expands the two companies’ strategic collaboration across memory and foundry technology.
Samsung and domestic peer SK Hynix Inc. are accelerating their global push for artificial intelligence chip orders amid intensifying competition from rivals such as Taiwan Semiconductor Manufacturing Co. South Korea aims to double its memory production capacity within five years and secure world-class manufacturing capabilities to pull far ahead of competing nations.
Read More: Samsung, SK to Spend $880 Billion to…
Continue reading at FortuneDiscussion
Be the first to comment.
Never miss a headline
Get breaking Nigerian and world news straight to your inbox.
Related Articles
Vehicle drives into crowd at Berlin Pride festival, causing injuries, police say
43m ago
Read MoreRussia stocks lower at close of trade; MOEX Russia Index unchanged
1h ago
Read More
Berlin Pride parade called off after car hits crowds, police say
1h ago
Read More
Central U.S. Will See ‘Hazardous Heat’ Through Monday—These States Will Be Hottest
1h ago
Read More
Caleb Durbin And The Red Sox Have Turned Their Seasons Around
1h ago
Read More
Is Now The Right Time For Rodri To Leave Manchester City?
1h ago
Read MoreLatest in Business
CORTIS, BTS And TXT Dominate: 2026 KM Chart Awards Full Winners List
Forbes · 2h ago
NYT ‘Connections’ Hints And Answers For Sunday, July 26
Forbes · 6h ago
Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry push
CNBC · 1h ago
Iran says Ukrainian attack on vessel in Caspian Sea killed sailor
Investing.com · 2h ago
The ‘Trump Trade’ is turning into a loser in the stock market
Fortune · 2h ago
SK chair says Anthropic asked for supplies to make its own chips
Fortune · 2h ago
Flavio Bolsonaro launches Brazil presidential campaign, touts support from Milei, Netanyahu
Investing.com · 2h ago
Here are 4 forces that drove a tough week for stocks
CNBC · 3h ago
Most Read Today
Nigerian students lament delay in NELFUND upkeep allowance
Premium Times · 3d ago
50 Cent’s crew member among drug dealers jailed for over 160 years
PM News · 2d ago
Form 4 BlackRock Private Investments Fund For: 24 July
Investing.com · 2d ago
Form 4 Snowflake Inc For: 22 July
Investing.com · 3d ago
Spain wins the World Cup by beating Argentina 1-0 on Ferran Torres' goal in extra time
CNBC · 6d ago
Gas-laden tanker catches fire as driver loses control in Lagos
Daily Post · 3d ago
Form 4 United Therapeutics Corporation For: 24 July
Investing.com · 2d ago
Switzerland disputes US forced labour claims as new tariffs take effect
Investing.com · 2d ago