Business

Samsung is going strong, not home, with advanced chips


So far, 2022 has largely left a bad taste for investors in chip stocks. However, the Korean chip maker SAMSUNG Electronics is going through tough times: ambitious investments in its foundry business and the growing politicization of the chip business will be beneficial in the long run.

The market devastation is particularly evident in the semiconductor sector, and Samsung is no exception. Its shares have lost about 40% of their value since the start of 2021, wiping out nearly $300 billion in market value.

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