Samsung's Q3 Profit Guidance Tops Analyst Estimates As AI Demand Outstrips Memory Supply
Samsung guided for a rise in third-quarter profit and sales on AI memory chip demand, though shares in Seoul slipped less than 1%.
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Why It Matters
Samsung says it will make more money in the next three months. This is because artificial intelligence computers need lots of memory chips right now.
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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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