Samsung's Q2 Operating Profit Soars on Strong AI Chip Demand
Samsung reported a significant increase in its second-quarter operating profit, with a jump of over 1800% (or 19-fold), primarily driven by robust global demand for AI memory chips, ensuring another record profit for the company.
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Samsung’s Chip Profit Soars Over 250-Fold on AI Memory Shortages
Samsung Electronics Co.’s semiconductor arm reported a more than 250-fold jump in profit after AI’s reliance on memory delivered hefty margins.
By Yoolim Lee
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