Samsung profit surges over eight-fold to beat estimates as AI boom fuels memory chip crunch
The Samsung exhibition stand features the prominent ''A new era of mobile agentic AI'' slogan by the South Korean company Samsung Electronics.Joan Cros | Nurphoto | Getty ImagesSamsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts' estimates on the explosive growth of its chip business. Here are Samsung's first-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from anal...
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