Summary

Samsung’s quarterly profit more than tripled to a record high, driven by a surge in memory chip prices due to global demand for AI servers. The company’s focus on high-end chips for AI giants like Nvidia has led to a severe shortage in standard memory, causing prices for DRAM and NAND to soar. Analysts expect strong demand and tight supply to continue, potentially extending into 2027.

https://www.theedgesingapore.com/news/results/samsung-posts-record-profit-after-ai-supercharges-memory-market