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Samsung’s AI Moment Is Here, but Is It Ready?



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The introduction of ChatGPT has lit a fire under the shares of companies that produce microchips, the brains of artificial intelligence. Bets on the potential of so-called generative A.I. have poured in. The most eye-catching example of the rally is Silicon Valley’s Nvidia, the top seller of chips used in artificial intelligence, whose shares are up nearly 200 percent this year.Samsung Electronics, the South Korean giant, is hoping to get in on the action. Widely known for its consumer products, Samsung also has the world’s largest memory chip business and the second-busiest semiconductor foundries, which build custom microchips for other companies.Foreign investors have bought $8 billion worth of Samsung shares this year on the South Korean stock market — already the largest amount of foreign purchases in Samsung for any year since 2000, according to data provided by CLSA, an …

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