AI Memory Crisis Sends Samsung Profit to Record $80.2 Billion

The chipmaker expects $80.2 billion in quarterly operating profit as memory costs ripple through PCs, Kindles, Xbox consoles, and more. Samsung is expected to post another record quarter as surging demand for AI memory pushes component prices to new highs. Chipmakers are collecting the gains, while consumers are paying more for everyday devices. Samsung’s preliminary … Continue reading AI Memory Crisis Sends Samsung Profit to Record $80.2 Billion