Samsung Electronics Co Ltd (SSNLF) is expected to announce a significant growth in its first-quarter earnings, with a tenfold increase in operating profit compared to the previous year. The company attributes this surge to the rising demand for high-bandwidth memory (HBM) chips, particularly in artificial intelligence development. The company's consolidated sales are projected to have also increased, driven by strong demand for smartphones and AI-integrated devices. In addition, Samsung is looking to invest billions in expanding its semiconductor hub in Texas, further solidifying its position in the industry. The significance of HBM chips in AI computing cannot be overlooked, with major chip makers heavily investing in advanced packaging to meet the demand for high-end AI chips.
Comments