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Samsung likely to post 18-fold jump in profit on surging AI demand for memory

Artificial IntelligenceCompany FundamentalsCorporate EarningsTechnology & InnovationSemiconductor & Memory (implied)

Samsung Electronics is expected to see operating profit jump ~18x year-over-year to a new record in Q2, supported by ongoing AI-driven demand that strains memory supply. The tighter memory availability is also pushing chip prices higher, reinforcing a strong earnings backdrop for the company and related memory supply chain.

Analysis

Samsung Electronics is expected to see operating profit jump ~18x year-over-year to a new record in Q2, supported by ongoing AI-driven demand that strains memory supply. The tighter memory availability is also pushing chip prices higher, reinforcing a strong earnings backdrop for the company and related memory supply chain.

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