Samsung's Chip Profit Soars
Samsung Electronics' semiconductor arm reported an 80% surge in profit, driven by global AI demand.
The company is recovering from a series of missteps that allowed SK Hynix to take the lead in memory.
- Mass production of next-generation high-bandwidth memory (HBM4) is planned for next year.
- HBM4 is designed to work with AI accelerators from Nvidia.
The spending spree in artificial intelligence will persist this quarter and into next year.
Author's summary: Samsung's chip profit rises 80% due to AI demand.
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