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Samsung Plans $116 Billion Splurge on Chips to Take On Intel
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Samsung Plans $116 Billion Splurge on Chips to Take On Intel
Samsung, which now leads the market for the memory chips used in devices from servers to smartphones, said it plans to ramp up investment in semiconductors in the years leading up to 2030 to take the lead in so-called logic chips. Samsung, which is also looking to challenge Taiwan Semiconductor Manufacturing Co. in the business of making chips for other corporations, joins companies from Huawei Technologies Co. to Apple Inc. that’re increasingly devising the brains that power computing devices.
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