Samsung AI demand drives record chip earnings amid foundry and mobile hurdles - The Economic Times

Samsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operations continue to trail Taiwan Semiconductor Manufacturing Co. while mobile unit faces rising component costs. The foundry division shows signs of improvement with increased demand for AI-related products and advanced process nodes. Samsung's mobile business experienced a profit loss due to surging mobile memory costs impacting margins.

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