Published 15 days ago

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics’ semiconductor division achieved an operating profit of 1.9 trillion won in the first quarter, rebounding after five straight quarters of losses.
The Device Solutions division, managing the chip business, saw a revenue of 23.1 trillion won, marking a 68% rise from the previous year.

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Associated Press News

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

The operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up from the 640 billion won ($465 million) it earned during the same period last year

16 days ago·United States

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abc News

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips

16 days ago·United States

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CNN

Samsung reports enormous jump in profit on AI boom

Samsung Electronics forecast demand for artificial intelligence would hold strong and tighten supply of some high-end chips, joining rivals in benefiting from a solid rebound in the battered global memory chip market.

16 days ago·Atlanta, United States

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The Washington Post

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

16 days ago

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KIFI

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

SEOUL, South Korea (AP) — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. The South Korean semiconductor and smartphone giant said its operating profit for the Jan-March quarter came in at 6.6 trillion won ($4.8 billion), up from the 640 billion won ($465 million) it earned during…

16 days ago·Idaho Falls, United States

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South China Morning Post

Samsung profit jumps as AI boom reverses a year of chip losses

The world’s largest memory chip maker posted better-than-expected net income that is more than four times the company’s earnings a year earlier.

16 days ago·Hong Kong

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Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

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Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports enormous jump in profit on AI boom

Samsung reports enormous jump in profit on AI boom

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Samsung profit jumps as AI boom reverses a year of chip losses

Samsung profit jumps as AI boom reverses a year of chip losses

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