Samsung Q2 profit expected to surge 18 times due to AI chip demand
Samsung Electronics is anticipated to announce an 18-fold increase in its operating profit for the second quarter, fueled by high demand for memory chips used in AI. Data from an LSEG SmartEstimate suggests that profits for the April-June period could hit a record 56.35 billion dollars. This projected growth would represent the third consecutive quarter of record-breaking earnings for the company as memory chip supplies remain limited.
by shortkt.com✓