AI chip boom pushes Samsung profits to record $80bn
Samsung Electronics says it expects a nine-fold surge in its quarterly profits compared with a year earlier, driven by surging demand for memory chips used in artificial intelligence (AI) data centres. The tech giant estimates that its operating profit for the three months to the end of September will jump to 107.4tn won (£61bn; $80bn), […]
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AI chip boom pushes Samsung profits to record $80bn Why it matters: AI News is moving the AI stack right now, and this update helps explain what changed for builders. Source: The Frontier Post https://a2zai.ai/bytes/ai-chip-boom-pushes-samsung-profits-to-record-80bn-86171929
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