Samsung’s Sudden $122 Billion Wipeout Shows the Cost of Sleeping on AI
- Stock sheds more value than any chipmaker on AI, foundry woes
- Samsung is ‘losing its technology leadership’: Pictet’s Lee
This article is for subscribers only.
Just a few months ago, Samsung Electronics Co. looked primed to benefit from the global AI boom: profits were surging and its stock was rising toward an all-time high.
Now, South Korea’s biggest company has become a stark example of how quickly fortunes can turn in an industry where the spoils go to those who maintain a technological edge.