Is Samsung Poised for Significant Growth as the AI Chip Market Surges?

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Intel Corporation News

NVIDIA Corporation,Samsung Electronics Co Ltd

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) will announce its first-quarter earnings this month, and investors should eagerly anticipate the results. The South Korean tech giant expects its operating profit to grow tenfold compared to the previous year’s first quarter, reaching 6.6 trillion won .

The impressive earnings growth is likely attributed to more robust demand for Samsung’s smartphones and other devices, notably after the company incorporated artificial intelligence across most of its product lineup.

 

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