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Samsung expects 780% quarterly operating profit jump on AI boom
Source: techxplore.com
Corporate Guidance & OutlookCorporate EarningsArtificial IntelligenceTechnology & InnovationTrade Policy & Supply Chain
Samsung Electronics forecast third-quarter operating profit to rise more than 780% year over year. The company attributed the outlook to high memory-chip prices amid a global supply shortage fueled by AI demand.
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