South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.

SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI…

Samsung is expected to post a record profit as booming AI memory demand offsets concerns over rising bonus costs.

The company is about to post a massive profit increase estimate.

Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's durability. Memory chip prices…