Samsung forecasts record Q2 profit on robust AI chip demand

Seoul, July 7 (IANS) South Korea-based Samsung Electronics Co. on Tuesday estimated its second-quarter operating profit at nearly 90 trillion won (US$58.8 billion), marking another quarterly record as strong demand for artificial intelligence (AI)-related semiconductors boosted earnings. The South Korean technology giant said operating profit for the April-June period is expected to total 89.4 trillion […]