Previous Close | 78,900.00 |
Open | 78,500.00 |
Bid | 78,400.00 x 0 |
Ask | 78,500.00 x 0 |
Day's Range | 78,200.00 - 79,000.00 |
52 Week Range | 65,800.00 - 86,000.00 |
Volume | |
Avg. Volume | 21,015,165 |
Market Cap | 520.853T |
Beta (5Y Monthly) | 0.85 |
PE Ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings Date | Jul 25, 2024 - Jul 29, 2024 |
Forward Dividend & Yield | 1,444.00 (1.83%) |
Ex-Dividend Date | Mar 28, 2024 |
1y Target Est | 102,875.00 |
(Bloomberg) -- Samsung Electronics Co. is replacing the head of its semiconductor arm, appointing a longtime memory chip veteran to spearhead efforts to catch up with SK Hynix Inc. in the booming AI arena.Most Read from BloombergHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’One of the Last Big Bears on Wall Street Turns Bullish on US StocksASML and TSMC Can Disab
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SEOUL (Reuters) -Samsung Electronics has replaced the chief of its semiconductor division in a bid to overcome a "chip crisis", amid a booming market for AI chips where the world's biggest memory chipmaker has lagged peers. The move is likely aimed at catching up in the market for top-end chips used in artificial intelligence such as high bandwidth memory (HBM) chips, an area where Samsung has fallen behind rivals such as SK Hynix, analysts said. "This is a preemptive measure to strengthen future competitiveness by renewing the atmosphere internally and externally," Samsung said in a statement.