Leak Reveals Samsung’s Eye-Watering Launch Price for the Galaxy Z Fold 8 Ultra

Retailer leaks reveal a steep price hike for the Samsung Galaxy Z Fold 8 Ultra. Here is how much the premium foldable will ...

Samsung loses over $100bn in market value despite record AI-driven profit

Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors ...

MU, SNDK, WDC Stocks Fall Premarket: Samsung, SK Hynix Briefly Drag South Korea's Kospi Into Brief Bear

At one point, the Kospi lost as much as 8.2%, weighed down by declines in Samsung and SK Hynix, briefly pushing it into a ...
The Next Web

Samsung’s Q2 profit jumps 19-fold to 89 trillion won on AI memory demand

Samsung guided to about 89.4 trillion won ($58.4bn) in Q2 operating profit, up roughly 19-fold on last year, as AI memory prices surged.

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

Samsung Electronics on Tuesday flagged a 19-fold jump in second-quarter operating profit from a year earlier, surpassing its ...
Khaleej Times

Samsung flags 19-fold jump in profit, but shares slump on jitters that AI boom may stall

The ever-expanding rollout of AI data centres has fuelled massive demand for memory chips and pumped chip prices to record ...