Published Jul 19, 2026, 5:00 AM ET · Updated 4 months ago · 1 source

Samsung Electronics to see massive profit jump due to AI-driven chip demand

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Original Report

Samsung Electronics is projected to report an 18,000% jump in quarterly profits, reaching $58.4 billion, driven by the AI boom's impact on chip demand, with this surge in demand for high-end memory expected to last until 2027, giving chipmakers significant pricing power.