By Mike WheatleySource:
SiliconANGLESamsung Electronics Co. Ltd. today confirmed its earlier expectation that runaway memory chip prices will drive a massive 19-fold jump in operating profit, as robust artificial intelligence demand continues to accelerate momentum in its semiconductor business. The company just announced its full first-quarter results, saying it delivered total revenue of 171.5 trillion won (around $118.56 […]
The post Samsung’s stock rises on explosive operating profit growth appeared first on SiliconANGLE.
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machinebrief.com — original article
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