Samsung said this week it will post its biggest quarterly earnings in more than three years, thanks to booming demand for AI chips. The South‑Korean electronics giant forecast a 16 % jump in profit to about $14.6 billion for the second quarter.
The company’s sales grew around 4.8 % on a year‑on‑year basis, reaching roughly $82.8 billion. Samsung credited its data‑center business for most of the lift, as firms worldwide rush to equip servers with powerful processors that feed artificial‑intelligence applications. In addition, smartphone sales rebounded after a slow first quarter, helping bolster overall revenue.
Samsung said it has been cutting costs and tightening margins over the past few years. Raw‑material prices have risen, and competition in the smartphone market remains fierce. That said, the firm believes that the chip sector will stay strong, with new AI‑specific products rolling out in the coming months.
“We’re seeing a clear turnaround driven by data‑center and AI demand,” said a Samsung spokesperson. “The strong quarter points to a steady momentum for the rest of the year.”
This first full‑year profit surge signals that Samsung’s diversified lineup—from memory chips to smartphones—is weathering the market shift toward AI. Investors will watch the next quarters to see if the AI chip boom keeps the momentum going.
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