Samsung to return record $80bn to shareholders

Samsung Electronics, the South Korean chipmaker, announced it will return a record $80 billion to shareholders, responding to pressure to distribute more of its bumper profits from the artificial intelligence boom. The company's decision comes as it benefits from surging demand for AI chips, which has driven its earnings to record highs.

Samsung to return record $80bn to shareholders Source: Financial Times Technology https://www.ft.com/technology South Korean chipmaker has come under pressure to distribute more of its bumper profits from AI boom Get AI news in your inbox Daily digest of what matters in AI. Get AI news in your inbox Daily digest of what matters in AI.