SEOUL - Samsung Electronics' second-quarter profit hit a record high for a third consecutive quarter amid a soaring demand for semiconductors used in artificial intelligence (AI) chipsets, the company said Tuesday.

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.