Samsung expects 1,800pc leap in quarterly operating profit on AI boom
SEOUL, July 7 — South Korean technology giant Samsung Electronics forecast today a roughly 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 (RM230 billion) — up 1,810 per cent on-year, a company statement […]
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