Samsung Electronics, the South Korean tech giant, announced on Tuesday a staggering surge in operating profit, exceeding 930% in the first quarter of 2024. The remarkable growth was propelled by soaring demand for its servers, memory chips, and storage solutions utilized in artificial intelligence (AI) applications. Here’s a breakdown of Samsung’s financial performance in the … Continue reading Samsung’s operating profit skyrockets 930% due to soaring demand for memory chips driven by AI.