Samsung's Chip Profits Skyrocket Due to AI Boom
Tuesday, 30 April 2024, 02:56
Samsung Reports Chip Profits Soar as AI Boom Drives Fourfold Income Surge
The world’s largest memory chip maker, Samsung, has posted better-than-expected net income, surpassing earnings from a year earlier by more than four times. The surge in profitability is attributed to the growth in demand for artificial intelligence technologies driving the company's performance.
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