Samsung reports enormous jump in profit on AI boom
Seoul Reuters — 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. The upbeat outlook from the world’s largest memory chip maker sent its shares 1.8 percent higher on Tuesday after it reported a …
The post Samsung reports enormous jump in profit on AI boom appeared first on Egypt Independent.
Egypt Independent
May 1, 2024
