AI investment: Samsung unveils $310 bn expansion; new chip plant and data centres anchor push

AI investment: Samsung unveils $310 bn expansion; new chip plant and data centres anchor push

Samsung has announced a sweeping $310-billion investment plan over five years, aimed largely at expanding semiconductor and AI-enabling infrastructure as the global artificial intelligence boom drives unprecedented demand. The package, unveiled on Sunday, strengthens South Korea’s position as one of the world’s leading chip and AI hubs and builds on the country’s broader strategy to…

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