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 Samsung's Q2 Operating Profit Soars on AI-driven Recovery in Memory Chips
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#409962b2 ver:0.89

Samsung's Q2 operating profit soars 15-fold to $7.54 billion, driven by rebounding chip prices and growing demand for AI. Sales also rise 23.3% to $74 billion. Micron Technology and Samsung are expected to report strong Q2 earnings due to AI demand and chip price rebound. Both companies are well-positioned to capitalize on the AI market. Samsung's semiconductor division sees a significant profit increase, while its mobile business faces challenges. Samsung's strong performance in AI is expected to continue as it invests in R&D....

#newstr #Samsung #Ai #MemoryChips #Q2Earnings 

 https://here.news/story/409962b2?ver=0.89