Samsung’s Profit Surges After AI Boom Reverses Chip Losses
In 2023, the company’s overall operating profit plunged to a 15-year low after its semiconductor unit posted a loss of 14.9 trillion won.Signs are pointing to a gradual market rebound, driven in part by demand for chips used to develop AI after the advent of OpenAI’s ChatGPT.
Samsung reports enormous jump in profit on AI boom
Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the battered global memory chip market.
Samsung joins Nvidia in AI semiconductor boom as memory chip sales help profits quadruple last year’s result
The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe downturn.
Samsung Profit Soars Tenfold As Chip Demand Rebounds Amid AI Boom
Samsung Electronics reports a staggering surge in earnings amid chip market recovery and strong demand for AI-enabled smartphones.
Samsung’s Net Profit Quadruples as Chip Business Rebounds on AI Demand
The South Korean tech giant’s flagship semiconductor business swung to profit on higher memory-chip prices amid the artificial-intelligence boom.
Samsung reports huge jump in profit as AI drives rebound in memory-chip market
Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of AI technologies drives a rebound
Samsung first-quarter profit up 10-fold on memory chip recovery
Samsung Electronics reported on Tuesday a more than 10-fold rise in its first-quarter operating profit, as memory chip prices rose steeply from a severe downturn thanks in part to a boom in artificial intelligence.
Samsung Posts Big Earnings Leap. AI Is Changing the Memory-Chip Industry.
Samsung said demand for high-bandwidth memory chips to help power AI is expected to remain strong through the second half of 2024.
Samsung expects AI to drive sales of chips and smartphones in 2024
Samsung said on Tuesday that it expects demand for chips and tech devices to remain strong through the year, driven by ...
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The best deals on Samsung's Frame TV will save you over $1,400
Save on older models of the reader-favorite Frame TV as part of Walmart's clearance sale and save serious cash.
Samsung reporta utilidades 10 veces más altas en el primer trimestre
Samsung Electronics reportó el martes un incremento de 10 veces en sus utilidades en el último trimestre a medida que la ...
Samsung’s ‘Exciting’ Galaxy Update Starts iPhone Security Battle
While Samsung’s AI announcements have been coming thick and fast for months, Apple’s planned iPhone AI upgrade remains mostly ...
Samsung says AI to drive technology demand in second half after strong Q1
Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, ...
Samsung teases "new premium" models of smartwatches, new form factors too
The company is also developing advanced new hardware for future wearables. Earlier today Samsung reported a massive increase ...