✉news TechnologyAI first seen 14 h ago, last 13 h ago, peak #9
Samsung forecasts record Q3 profit on AI boom
Original: Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
Samsung has forecast a record third-quarter operating profit of $80 billion, driven largely by booming demand for its memory chips used in artificial intelligence systems. The guidance far exceeds market expectations and points to a strong rebound in the global semiconductor market, as AI investment fuels orders for advanced memory products used by data centre operators and chipmakers.
Why now: The AI-driven surge in chip demand is lifting Samsung to record earnings, making it a marker of the broader AI economy boom.
Rank over time, top of the chart is #1. 2 snapshots from 14 h ago to 13 h ago.
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