Samsung Keeps Shattering Profit Records as AI Boom Lifts Chip Demand
SEOUL, South Korea — Samsung Electronics said Thursday that its operating profit for the last quarter reached a record 107.4 trillion won ($80.5 billion), fueled by surging demands for its computer memory chips used in artificial intelligence systems.
TL;DR
- Samsung Electronics reported a record operating profit of 107.4 trillion won ($80.5 billion).
- The surge in profit was attributed to high demand for computer memory chips.
- These memory chips are essential for artificial intelligence systems.