SIG.AINews
Technology5 hours ago57K+ searches

Samsung Projects Eightfold Profit Jump as AI Chip Boom Drives Prices

Samsung Electronics has projected a massive first-quarter operating profit of 57.2 trillion won ($37.92 billion), beating market expectations and exceeding its entire profit for 2025. The world’s largest memory chipmaker is seen as a primary beneficiary of the AI data center boom, which has constrained chip supply and doubled market prices in the first quarter alone. The record-high results were further supported by a weakened South Korean currency, which boosted repatriated earnings to triple the previous quarterly record.

1 Stories Loaded