Samsung set for 18-fold profit jump as AI memory demand surges
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Samsung is expected to report a significant increase in profit, potentially as high as 18- or 19-fold, due to surging demand for memory chips used in artificial intelligence. The boost in demand is driving a boom in the company's chip business. However, despite the anticipated profit jump, there are concerns that the AI-driven growth may not be sustainable, leading to uncertainty in the market.
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