CNBC·3 min read·medium
Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand
J
Jenny Lee
✦AI Summary
Samsung Electronics reported record-breaking second-quarter operating profits driven by high demand for AI-related memory chips. The company is scaling up production of HBM4 memory to support advanced AI processors like those from Nvidia.
Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates, as robust artificial intelligence demand continues to drive growth in its memory chip business.
technologybusinesseconomy
✦
Get the full story
Sign up for Headlinne to unlock AI insights, political bias analysis, and your personalized news feed.
Create free accountAlready have an account? Sign in