Samsung Seen Posting 18-Fold Profit Surge as AI Memory Demand Drives Up Chip Prices

Samsung Electronics is expected to report an 18-fold rise in second-quarter operating profit as booming AI demand drives ...

Samsung's record profits aren't enough for investors anymore

Samsung estimated second-quarter operating profit of 89.4 trillion won, or $58.7 billion — nearly 19 times higher than a year earlier.

Samsung's profits jumped 1,800% and beat Apple and Nvidia — and investors dumped the stock anyway

Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one. Dave Ra ...

Stocks slip despite Samsung’s record profit as AI outlook revives jitters

Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with ‌investors ...
The Business Times

Samsung profit surges past estimates on AI memory chip demand

Chipmakers are enjoying an unprecedented rise in demand for the high-bandwidth memory essential to AI accelerators Read more ...

South Korea taps Samsung, SK Hynix in $745 billion plan to cement global AI chip lead

Opposition politicians questioned whether the proposal is politically motivated. Read more at straitstimes.com. Read more at ...
The News International

Samsung posts 1,800% profit surge as AI chip sales soar

South Korean technology giant Samsung Electronics is projecting a 19-fold jump in its profits, driven by global demand for ...

RAM prices skyrocketing: Samsung, Micron, and SK Hynix sued for alleged market manipulation

A class-action lawsuit filed in the U.S. accuses Samsung, Micron, and SK Hynix of restricting the supply of DRAM to keep ...

Samsung's stock just dropped despite promising an 1,800% jump in profits

Tuesday's decline (and the continued fall on Wednesday) came despite a company announcement that it expects operating profit ...