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Samsung expects Q4 operating profit up 208% YoY to ~$13.8B, vs. ~$12.3B est., and revenue up 23% to ~$64.2B, as demand for AI servers lifted memory chip prices (Yoolim Lee/Bloomberg) from Techmeme RSS feed.
Samsung expects Q4 operating profit up 208% YoY to ~$13.8B, vs. ~$12.3B est., and revenue up 23% to ~$64.2B, as demand for AI servers lifted memory chip prices (Yoolim Lee/Bloomberg)
Yoolim Lee / Bloomberg:
Samsung expects Q4 operating profit up 208% YoY to ~$13.8B, vs. ~$12.3B est., and revenue up 23% to ~$64.2B, as demand for AI servers lifted memory chip prices — Samsung Electronics Co.'s quarterly profit more than tripled to a record high after global demand for AI servers sharply lifted memory chip prices.