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Samsung to face questions from shareholders after AI chip failings, stock price drop

Samsung Electronics is set for a tough annual general meeting on Wednesday with shareholders frustrated by its failure to ride a boom in artificial intelligence that made it one of the worst-performing tech stocks last year. Co-CEO Han Jong-hee and the head of its chip division Jun Young-hyun will be among executives attending the meeting which is scheduled to start at 9 a.m. (0000 GMT). In internal meetings, Samsung has acknowledged it has lost its technological edge.

Corporate Insiders’ Buying Burst Gives Confidence to S&P Bulls

(Bloomberg) -- US stock bulls searching for signs that the worst of the market rout is over are looking to one group of in-the-know investors: company executives.Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltThe Dark Prophet of Car-Clogged CitiesWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressNYC Plans for Flood Protection Without Federal FundsWhile stocks were getting hammered into a b