Samsung confirms record-breaking operating profit on soaring AI memory chip demand
Samsung reports 107.44 trillion won in third-quarter operating profit as AI memory-chip demand surges
Samsung Electronics Co. Ltd. today confirmed it has set a new world record for quarterly profit in the technology industry. It delivered a stunning 107.44 trillion won ($80.5 billion) in third-quarter operating profit on the back of soaring demand for the memory chips fueling the artificial intelligence boom. The company also reported 195.25 trillion won […] The post Samsung confirms record-breaking operating profit on soaring AI memory chip demand appeared first on SiliconANGLE.
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Samsung’s record quarterly operating profit highlights how demand for AI infrastructure is benefiting memory-chip makers. The result underscores the growing role of memory chips in the AI boom.
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