Samsung’s Chip Profit Soars After AI Fuels Demand for Memory
Update: 2025-10-30
Description
Samsung's semiconductor business saw a significant surge in profits, with a 80% increase, driven by high demand for AI-powered memory chips. The company plans to invest $33 billion next year to boost production and stay competitive. This AI-driven growth has led to a 90% increase in Samsung's stock price since January and has helped the company reclaim its spot as the top memory maker by revenue.
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