Yonhap Infomax NewsSamsung Electronics shares surged after securing a major foundry contract from Tesla, signaling progress in advanced process technology and intensifying competition with TSMC, though analysts note profitability gains will take time.
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https://en.infomaxai.com/news/articleView.html?idxno=74119
'70,000-Won Samsung Electronics' Rally – 'Tesla Foundry Order Signals Progress in Advanced Process Race Against TSMC'
Samsung Electronics shares surged after securing a major foundry contract from Tesla, signaling progress in advanced process technology and intensifying competition with TSMC, though analysts note profitability gains will take time.