Surge of 750%! The Secret Behind Samsung's Profit Boom: AI is Sapping Global Chip Inventories
Samsung Electronics' Q1 earnings report shines with operating profit surging to 57.2 trillion KRW, up over 750% year-on-year, hitting a record high. This is driven by strong AI demand and rising memory chip prices. Revenue also grew, with memory business returning to peak, exceeding market expectations.....