U.S. Commerce Secretary Howard Lutnick called on Samsung Electronics and SK Hynix to increase memory chip manufacturing within the United States. Lutnick delivered the remarks at a Micron event to promote the localization of critical AI component supply chains. This strategic push addresses a global shortage of hardware required for AI infrastructure and data centers.
Samsung is currently experiencing a boom in demand for its AI memory chips. The company forecasts a significant increase in its second-quarter operating profit. This growth is driven by surging global demand for components powering AI data centers.
Samsung also filed a report on the disposition of treasury shares. The filing details the company's holdings as of July 10, 2026.