Samsung forecasts record Q4 profit as AI-driven chip demand lifts prices
Samsung Electronics anticipates a significant surge in its fourth-quarter operating profit, nearly tripling year-over-year to a record high. This boost is attributed to soaring memory chip prices and robust demand fueled by artificial intelligence investments. The company's strong performance underscores the global race to expand chip manufacturing capacity to meet escalating AI-driven needs.
Samsung Electronics anticipates a significant surge in its fourth-quarter operating profit, nearly tripling year-over-year to a record high. This boost is attributed to soaring memory chip prices and robust demand fueled by artificial intelligence investments. The company's strong performance underscores the global race to expand chip manufacturing capacity to meet escalating AI-driven needs.
