Samsung Records Record Profit Driven by AI-Fueled Memory Market Demand
1 day agoBusiness
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1 SourcesSouth Korea
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Samsung Records Record Profit Driven by AI-Fueled Memory Market Demand

Samsung reported a preliminary operating profit of 20 trillion won for the December quarter, exceeding analyst estimates of 17.8 trillion won. The company attributed its record profit to the surge in demand for memory chips, driven by the artificial intelligence market. This performance highlights a strong recovery and growth for the South Korean tech giant.

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