Market
Samsung Profit Up Eight-Fold as AI Chip Sales Defy War Fears
YahooApr 6, 2026
(Bloomberg) -- Samsung Electronics Co. earned a far stronger-than-expected eight-fold leap in quarterly profit, underscoring robust demand for AI memory chips in the face of uncertainties triggered by war in the Middle East. Customers led by cloud service providers are ramping up orders for high-bandwidth memory and other chips used in data centers to feed artificial intelligence services, lifting both volumes and margins at the chips-to-smartphones conglomerate.Shares of Samsung, which had slum
