Samsung Electronics to up AI chip foundry sales to 50% by 2028

Samsung Electronics Co. plans to up artificial intelligence chip foundry sales to about 50% of its total foundry sales in five years with its advanced nanometer silicon process technology as more tech companies opt for self-designed AI chips.

Samsung Foundry, the semiconductor foundry business at Samsung Electronics, has recently set a goal to beef up foundry sales from high-performance computing (HPC) chip orders to 32% in 2028 from 19% in 2023 and automotive chip orders to 14% from 11%.

With diversification of its chip foundry orders, the Korean chip giant is expected to improve profitability with high-value added chip production.

Both HPC and automotive chips are considered AI chips. $Samsung Electronics Co., Ltd.(SSNLF.US)$ $Taiwan Semiconductor(TSM.US)$