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The Piney Point

Samsung keeps shattering profit records as AI boom lifts chip demand

Samsung keeps shattering profit records as AI boom lifts chip demand
Photo: KPRC 2 / Click2Houston (NBC) · view original

Samsung Electronics said Thursday that its operating profit for the last quarter reached a record 107.4 trillion won ($80.5 billion), fueled by surging demand for its computer memory chips used in artificial intelligence systems. Revenue for the July-September period rose to an all-time high of 1...

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