South Korean technology giant Samsung Electronics is projecting a 19-fold jump in its profits, driven by global demand for artificial intelligence memory chips. The company estimated that it made 89.4 trillion won between April and June, marking a significant milestone for its operating profits. Ad»»»

Add as a preferred source on Google South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. The world's largest memory chipmaker estimated April-June oper»»»

South Korean chipmaker SK Hynix plans to raise up to $29.4 billion by listing its American Depositary Receipts (ADRs) on the Nasdaq in the United States. If the deal goes through at the expected price, it will become one of the biggest share sales in the world. The company is taking advantage of st»»»