News Score: Score the News, Sort the News, Rewrite the Headlines

Samsung Posts Record Profit After AI Supercharges Memory Market

January 7, 2026 at 10:43 PM UTCUpdated on January 7, 2026 at 11:57 PM UTCSamsung Electronics Co.’s quarterly profit more than tripled to a record high after global demand for AI servers sharply lifted memory chip prices.South Korea’s largest company reported a preliminary operating profit of 20 trillion won ($13.8 billion) in the three months through December, up 208% and beating the average analyst estimate. Revenue rose 23% to 93 trillion won, also a record. Its shares slid 1.6% in pre-market ...

Read more at bloomberg.com

© News Score  score the news, sort the news, rewrite the headlines