Samsung Memory Boom Driven by AI | Spokane News

Samsung’s memory chip division is soaring thanks to AI-driven demand, posting a staggering 19-fold jump in Q2 operating profit—surpassing analyst expectations and marking their third straight record quarter. While HBM chips led the charge, DRAM and NAND are now seeing massive price hikes (up 44% and 53% respectively) and longer-term contracts, locking in higher revenues. However, the foundry and logic segments may face losses due to bonus expenses tied to new worker pay agreements. Full financials drop July 30, but for now, AI is clearly reshaping Samsung’s chip fortunes. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/2aa5239fdb7ee6f6