Samsung Electronics: P/E ratio of 13 and Rising AI Fantasy – OpenAI is now Being Supplied with DRAM Wafers!

Samsung Electronics is starting to catch up in the AI race. The electronics giant has made significant progress in recent months, which is likely to have a positive impact on an upcoming big picture breakout, especially since its valuation is very moderate with a P/E ratio of 13. As announced this week, OpenAI has signed a Letter of Intent with SK Hynix and Samsung Electronics for the supply of 900,000 DRAM wafers per month. Both companies are thereby playing a key role in the $500 billion Stargate projects. The demand from OpenAI is double what...