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AI continues to be very good for $amsung.
Preliminary earnings suggest an eightfold increase in profit (57.2 trillion won estimated, or about $37.8 billion) from the same quarter in 2025, exceeding its entire profit for all of last year. The spike is likely due to strong demand for its memory chips, which have only increased in price as Big AI gobbles up all available inventory. [Link: Samsung shares rise after profit seen jumping 8-fold on AI chip boom | https://www.cnbc.com/2026/04/07/samsung-shares-rise-nearly-5percent-on-record-breaking-earnings-forecast-buoyed-by-ai-chip-demand.html | CNBC]
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cnbc.com
Samsung shares rise nearly 5% as profit seen jumping 8-fold on AI chip boom
Samsung Electronics forecast record first-quarter operating profit that came in far above analyst estimates on booming demand for AI memory chips.
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theverge.com
AI continues to be very good for $amsung.
Preliminary earnings suggest an eightfold increase in profit (57.2 trillion won estimated, or about $37.8 billion) from the same quarter in 2025, exceeding its entire profit for…