Samsung’s Chip Profit Soars After AI Supercharges Memory Market
Samsung Electronics Co.’s chip unit blew past expectations with a more than five-fold profit gain in the December quarter, boosted by an artificial intelligence boom, and announced a $2.5 billion...
By Yoolim Lee, Sohee Kim · Bloomberg Markets
Samsung Electronics Co.’s chip unit blew past expectations with a more than five-fold profit gain in the December quarter, boosted by an artificial intelligence boom, and announced a $2.5 billion buyback.