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Jess Weatherbed
Samsung plans to spend $73 billion on AI chip expansion.

The company is increasing production and research investments by 22 percent in 2026 in an attempt to overtake SK Hynix’s lead as Nvidia’s dominant memory provider. Co-CEO Jun Young-hyun says demand for agentic AI is fueling a surge in orders, with funds being funneled toward “future-oriented” sectors like advanced robotics.

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