Samsung Expects Strongest Profit in Three Years Thanks to AI-Driven Chip Demand

Samsung Electronics expects that earnings in Q3 have returned to a three-year high, supported by a recovery in its key semiconductor segment as the growing AI industry continues to drive demand for chips. AI Boom Drives Semiconductor Recovery The better-than-expected forecast comes at a time when some analysts see an impending boom in the semiconductor industry. Counterpoint Research, a global research firm based in Hong Kong, attributes Samsung's solid performance largely to stronger-than-expected prices and sales of DRAM and NAND products used...