Samsung’s Chip Division Underwhelms in Costly AI Memory Race
#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Samsung Electronics Co.’s pivotal chip division reported a smaller-than-expected profit as the company fights to close the gap on archrival SK Hynix Inc. in the artificial intelligence arena. Samsung is ratcheting up its research and operating costs, with executives saying the spending on…