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What’s behind Samsung’s 1800% profit surge? All we know as AI stocks continue to plummet
Samsung's 1800% profit surge was driven by AI chip demand, but its stock fell as investors worried the AI boom may slow and future chip demand could weaken.
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channelnewsasia.com
Samsung likely to post 18-fold jump in profit on surging AI demand for memory
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…
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newsbytesapp.com
AI boom to drive Samsung's Q2 profit up nearly 18x
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.
