Samsung Chip Profit Misses Estimates Lifted by Resurgent AI Hope

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Samsung Electronics Co. plans to hike spending more than 60% this year after selling out of high-end chips for 2027, yet its stock fell after the company failed to outline plans to share ballooning profits. The world’s largest maker of memory chips expects capital expenditure to jump to 84.4 trillion won ($63 billion) this year, targeting market share from SK Hynix Inc. and Micron Technology Inc.

Missing media or need the complete publisher report? Open Bloomberg

WilluChill News DeskPublished Thursday, October 29, 2026 at 3:43 AM UTCUpdated Thursday, October 29, 2026 at 4:12 AM UTC

Coverage image for: Samsung Chip Profit Misses Estimates Lifted by Resurgent AI Hope

Media link supplied by the WilluChill Newsroom app.

WilluChill News reporting summary

The text below was supplied by the WilluChill Newsroom app. Third-party reporting is attributed in the source panel.

No additional independently verified detail is available beyond the summary above. The original reporting remains linked in the source panel.

Breaking news moves fast. Follow WilluChill News on X for breaking news alerts. Follow on X →