TL;DR CNBC

Samsung Electronics names new chief for semiconductor business as AI chip race heats up

Publishing timestamp: 2024-05-21 00:18:49

Summary

Samsung Electronics appoints new head for semiconductor business to strengthen competitiveness in uncertain global business environment. Competition intensifies with SK Hynix in producing most advanced memory chips to ride AI wave. Samsung aims to close technology gap with SK Hynix in high-bandwidth memory chips.

Sentiment: NEUTRAL

Tickers: MU,  NVDA, 

Keywords: breaking news: technology,  technology,  asia economy,  business news,  nvidia corp,  micron technology inc, 

Source: https://www.cnbc.com/2024/05/21/samsung-electronics-names-new-semiconductor-chief-as-ai-chip-race-heats-up.html