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Samsung Electronics signs $16.5 billion chip-supply contract; shares rise

Samsung Electronics signs $16.5 billion chip-supply contract; shares rise

CNBC2 days ago
Samsung Electronics has entered into a $16.5 billion contract for supplying semiconductors, a regulatory filing showed Monday. Samsung shares were up more than 2% in early trading.
The South Korean memory chipmaker did not name the counterparty. It did not immediately respond to a request for comment on the contract.
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