Samsung expects 1,800% operating profit leap on AI boom
South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won ($58.4 billion) — up 1,810 percent on-year, a company statement said. Frenzied global demand
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