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Samsung expects best profit since 2022, as AI boom squeezes commodity chip supply
Yahoo Finance· 2025-10-13 22:46
By Heekyong Yang and Hyunjoo Jin SEOUL (Reuters) -Samsung Electronics on Tuesday said it expects its biggest quarterly profit in over three years, as the global race to boost production of AI chips has tightened supply and driven up prices of conventional memory chips, the tech giant's mainstay. Strong demand for conventional memory chips used in data centre servers helped offset weaker sales of advanced artificial intelligence chips of Samsung, which has been lagging rivals in the race to supply to Nvid ...