Samsung Stock Jumps Over 6% In Seoul as AI Memory Business Delivers Record Profit: 'Supply Constraints' Expected to Continue
Samsung shares rose after record Q2 operating profit beat estimates as AI memory demand offset weakness in its mobile business.
Samsung made more money than expected because lots of companies want their special computer memory for AI. When a company beats what people thought it would earn, that's usually a sign things are going well.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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