Samsung Scores Profit Beat Due to Runaway Demand for AI Memory

Bloomberg — Jul 06, 22:46 PM

Samsung Electronics Co.’s quarterly profit surged 19-fold, soaring past elevated expectations due to rocketing demand for memory chips needed in AI data centers.

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Samsung Profit Soars on AI Memory Boom

Samsung Electronics projects record Q2 earnings with $58.4 bil. operating profit Korea Times — Jul 06, 23:42 PM
Samsung flags 1,800% jump in quarterly profit, beating forecasts, on AI memory demand The Straits Times — Jul 06, 23:33 PM
Samsung Forecasts Record Second-Quarter Operating Profit Wall Street Journal — Jul 06, 23:15 PM