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Samsung Workers Secure Massive Bonuses From AI Chip Profits
Samsung Electronics workers are set to receive major bonuses after approving a landmark profit-sharing agreement tied to the company’s booming memory chip business. The deal comes as artificial intelligence demand continues to reshape the global semiconductor industry, pushing memory chips from a once-cyclical business into one of the most valuable parts of the tech supply chain. For many Samsung chip employees, the agreement could mean payouts worth hundreds of thousands of
Covertly AI
May 273 min read


Micron to Exit the Crucial Consumer Business: Higher RAM Prices Ahead?
Micron Technology’s decision to walk away from consumer memory is more than a brand change, it is a clear signal that artificial intelligence is reshaping the economics of making chips. Micron began in 1978 as a small design consultancy founded by Ward Parkinson, Joe Parkinson, Dennis Wilson, and Doug Pitman in Boise, Idaho, backed by local investors including J.R. Simplot. By 1983, the company was already punching above its weight by producing chips roughly half the size o
Covertly AI
Dec 5, 20254 min read
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