Eric Ross, chief investment strategist at Cascend Securities, discusses Samsung's chip business and how it's being "leapfrogged" by SK Hynix and Micron in the DRAM market.

Samsung Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export restrictions to China, and as it worked towards launching an improved version of its high-end chips.

Samsung's Q4 revenue grew by 12% Y/Y to $52.2B, but operating profit declined by 30% Q/Q due to soft market conditions and higher R&D costs.

SK Hynix Inc. shares tumbled more than 11%, as the South Korean stock market resumed trading Friday after holidays during which Chinese startup DeepSeek shocked the AI world.Most Read from BloombergMa

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a quarterly profit record that beat a results estimate for rival Samsung.

Shares of SK hynix, a key memory chip supplier to Nvidia, dropped sharply on the Kospi stock exchange on Friday, declining over 9 per cent as the market reopened after the Lunar New Year holiday. The decline follows the debut of Chinese AI startup DeepSeek’s open-source AI model,

Nvidia (NASDAQ:NVDA) has approved Samsung Electronics (KS:005930) 8-layer HBM3E chips for artificial intelligence applications, Bloomberg reported. The chips will be used in Nvidias AI products for China,

The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said it was struggling to meet demand for chips used in AI servers.

Asian equities fell Friday (Jan 31), as concerns over the impact DeepSeek will have on the artificial intelligence market pressured South Korean chipmakers. US futures climbed after robust results from Apple Inc.

Asian equities fell Friday, pressured by technology companies. US futures climbed after robust results from Apple Inc.

President Donald Trump's nominee for commerce secretary accused Korea and Japan on Wednesday of having 'taken advantage of' America's 'good nature,' stressing the need to work