Samsung Reports Record Profits as AI Drives Growth in the Memory Market
Samsung Electronics' profits surged by 208%, exceeding expectations, driven by a global surge in demand for AI servers, which led to a sharp rise in memory chip prices. Samsung recently announced that its preliminary operating profit for the quarter ending in December was 20 trillion won (approximately $13.8 billion), exceeding analysts’ average forecast of 17.8 trillion won. Revenue rose 23% to 93 trillion won. Samsung’s market capitalization has more than doubled in 2025 and has surged again this month, reflecting expectations of stellar quarterly results.
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