Samsung hits $1T valuation on AI chip demand
Samsung Electronics has reached a major milestone, hitting a $1 trillion market valuation. The achievement comes on the back of skyrocketing demand for artificial intelligence (AI) chips.
Samsung expects Q2 profit to surge by 1,400%
Samsung Electronics, a leading company in memory chips, smartphones, and television production, is forecasting a significant profit increase of around 1,400% for the quarter ending June 2024 compared to the same period last year.
