Samsung Set for Record-Breaking Quarterly Profit as AI Boom Drives Global Memory Chip Demand
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De MorgenThe South Korean technology company Samsung expects a profit increase of more than 1,800 percent for the second quarter of 2026 compared to the same period last year. The company said this on Tuesday. Samsung is one of the largest producers of semiconductors and is therefore benefiting optimally from the rise of artificial intelligence (AI).
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Samsung Set for Record-Breaking Quarterly Profit as AI Boom Drives Global Memory Chip Demand
Samsung Electronics is expected to report another record-breaking quarter, with soaring demand for artificial intelligence technology fueling an unprecedented surge in memory chip sales and ... The post Samsung Set for Record-Breaking Quarterly Profit as AI Boom Drives Global Memory Chip Demand first appeared on [your]NEWS.
(Dan Tri Newspaper) - Samsung continues to record its highest quarterly profit in history thanks to booming demand for AI chips. However, investors are paying more attention to the prospects of the semiconductor industry's growth cycle.
South Korea's growth forecast is being lifted after Samsung announced a historic quarterly profit driven by the AI boom. At the same time, concerns are growing about how vulnerable both the global economy and financial markets have become from AI.
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