Samsung expects 1,800% operating profit leap on AI boom

South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won (€58 billion) – up 1,810% year-on-year, a company statement said. Frenzied global demand for [&hellip The post Samsung expects 1,800% operating profit leap on AI boom appeared first...