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Samsung and SK Hynix Profit Surge as AI Memory Chip Demand Soars

Samsung and SK Hynix Profit Surge as AI Memory Chip Demand Soars

Samsung Electronics third-quarter profit in line with estimates amid rising demand for AI memory chips
Samsung Electronics third-quarter profit in line with estimates amid rising demand for AI memory chips

Samsung Electronics reported third-quarter earnings on Thursday.

Samsung sees AI memory demand outstripping supply, raising cost concerns
Samsung sees AI memory demand outstripping supply, raising cost concerns

Samsung Electronics said AI infrastructure spending could reach a historic level in 2027, with demand for memory chips expected to outstrip industry supply by a wider margin

Samsung keeps shattering profit records as AI boom lifts chip demand
Samsung keeps shattering profit records as AI boom lifts chip demand

Samsung Electronics said Thursday that its operating profit for the last quarter reached a record 107.4 trillion won (USD 80.5 billion), fuelled by surging demands for its computer memory chips...

SK Hynix third-quarter profit sharply beats estimates on AI memory boost
SK Hynix third-quarter profit sharply beats estimates on AI memory boost

South Korean chipmaker SK Hynix on Wednesday reported its third-quarter earnings.

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