Samsung says memory chip demand will drive 19-fold jump in operating profit - SiliconANGLE

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 Electronics is poised to report an 18-fold increase in operating profit for Q2, driven by soaring AI-related memory demand and rising chip prices.

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