Samsung Electronics KRX:005930 on Tuesday forecast a 1,810% jump in second-quarter operating profit from a year earlier, as AI-driven demand continued to lift memory chip prices.The world's largest memory chipmaker estimated April-June operating profit at 89.4 trillion won ($58.44 billion), compare…
Samsung Electronics KRX:005930 on Tuesday forecast a 1,810% jump in second-quarter operating profit from a year earlier, as AI-driven demand continued to lift memory chip prices.
The world's largest memory chipmaker estimated April-June operating profit at 89.4 trillion won ($58.44 billion), compared with an LSEG SmartEstimate of 87.3 trillion won, according to a regulatory filing, and up from 4.7 trillion won a year earlier.
