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Benzinga
Benzinga
Business
Daragh Thomas

Samsung Tumbled Nearly 8% in Seoul Even as AI Demand Drives Chip Prices Up To 15%

Samsung-Photo by Arcansel via Shutterstock

Samsung Electronics raised prices for some advanced chipmaking services by up to 15% for new orders, as surging AI demand fills key production lines and pushes customers toward alternatives to capacity-constrained Taiwan Semiconductor Manufacturing Co. (NYSE:TSM).

Prices for U.S. and Chinese customers using Samsung’s 4-nanometer SF4 process rose 10% to 15% in July, while 5-nanometer wafers climbed by a similar amount, Reuters reported Wednesday. Samsung declined to comment.

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