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for the second quarter, helped by robust demand for its advanced memory chips, which are essential for AI training. Revenue climbed 23.42% year-over-year to 74.07 trillion Korean won, or around $53.45 billion. Operating profit increased 15 times to 10.44 trillion Korean won. The South Korean tech giant said sales of high-end memory chips used in servers will continue to be strong.ahead of Wednesday's rate decision.
Nvidia's dominance in the high-end chips used to train and deploy AI systems may be weakening, judging by Advanced Micro Device's latest results and news that Apple had trained its AI models on Google-designed chips., and said sales in its data center segment, which includes AI chips, soared 115% on year to $2.8 billion during the quarter.
"We now expect data center GPU revenue to exceed $4.5 billion in 2024, up from the $4 billion we guided in April," CEO Lisa Su said on a call with analysts. AI models underpinning Apple Intelligence, its AI system, were pretrained on processors designed by Google
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