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Samsung Chip Profit Soars Nearly 50-Fold on Strong AI Demand
BusinessReutersbloombergwsj+17cnbcberlingskeSCMPder-standardhvgpolitikenobservadorhotnews+9 more4d ago20 sources

Samsung Chip Profit Soars Nearly 50-Fold on Strong AI Demand

Samsung Electronics announced a nearly 50-fold increase in its chip profit, contributing to a record quarterly profit, largely fueled by surging global demand for AI chips. This trend is also impacting other memory chip makers like SK Hynix and Murata, who are reporting record supply shortages.