ChipsCNBC Techabout 2 hours ago
Samsung Invests $1 Billion in Helix Digital
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Samsung Electronics reported third-quarter profit matching estimates while AI memory chip demand grows. The firm rose 126.88% year-on-year. Samsung and five affiliates announced a combined $1 billion investment in KKR-backed Helix Digital Infrastructure, with Samsung contributing $500 million. The company also partnered with French AI startup Mistral AI to use AI technologies in its semiconductor operations.
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