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Samsung Apologizes for AI 'Crisis' As it Falls Behind Major Rivals

Samsung Apologizes for AI 'Crisis' As it Falls Behind Major Rivals

PCMag
One of the world's largest chipmakers reports troubling financials as it cedes ground to competitors in legacy and advanced technologies.

Samsung executives are apologizing to investors amid a "crisis" in its chipmaking business.

Samsung has been a top memory chipmaker for three decades but has recently been losing ground to rivals on both conventional and advanced AI chips. "A lot of people are talking about Samsung’s crisis, and the full responsibility …