Samsung Electronics is negotiating a DRAM average selling price increase of up to 20% for the third quarter. This aggressive pricing strategy aims to maximize profitability amid AI-driven supply shortages. The move signals strong confidence in artificial intelligence demand despite a recent market-wide selloff.
AI developer Anthropic is reportedly in discussions with Samsung to produce custom AI chips. These processors would utilize Samsung’s advanced 2-nanometer foundry process.
Samsung’s stock recovered significantly following a nearly 9% drop the previous day. Analysts now characterize that sharp decline as a market overreaction.