A jump in the profits of "Samsung" thanks to the wealth of artificial intelligence

The profits of “Samsung Electronics” have increased after returning semiconductors to profitability for the first time since 2022, supported by broad spending on the development of artificial intelligence. The world’s largest memory chips manufacturing company announced a clear revenue of 6.62 trillion ($ 4.8 billion) during the quarter in March, compared to the average expectations of 5.63 trillion analysts. This is more than four times the company’s profit in the previous year. The results confirm how the demand for memory chips, which occupies modern electronics and artificial intelligence, begins to recover after a sharp decline. The shares of the company increased by less than 1% in Seoul. A strong return to “Samsung” after the loss, “Samsung”, which is also the largest smartphone manufacturing business in the world, is trying to reflect the direction of the ongoing decline in a year due to global economic uncertainty. In 2023, the total operating profit of the company dropped to its lowest level in 15 years, after the semiconductor unit of his conductor won a loss of 14.9 trillion. Evidence indicates a gradual recovery in the market, which is partially driven by demanding discs used to develop artificial intelligence after the emergence of the “Oben AI” business. The Samsung Chips section achieved better in the first quarter of the year after four consecutive losses than expected, which won 1.91 trillion. The South Korean trade data released this month showed that the shipping of semiconductors led to growth in the country’s exports during the first 20 days of April, increasing 43% of the previous year. The continuation of the demand for the chips said: ‘Samsung’, in a statement of his profits, that he expects the demand for slides in the current quarter and the second half of this year to remain strong. She said the industry should remain strong, which is largely due to the demand for obstetrician artificial intelligence. In the long run, Samsung is trying to catch up with its smaller participant in the SK Hynix Inc to expand the production of high -frequency memory, which has been improved for use with artificial intelligence processors of Invidia. ‘Hynix’ announced last week the fastest rate for revenue growth since 2010, saying that the total demand for memory chips is on the path of steady growth, citing the high price of two numbers in the wider Ram market and the “Flash Memory” chips. “Samsung” said it started the mass production of its latest HBM (HBM3E 8H chips), and plans to produce large amounts of future HBM chips in the second quarter. According to Kyung Kyun’s remarks, which lead the semiconductor work in “Samsung”, the department must be restored to the levels of 2022 at the end of the long -term recession during the annual meeting of the company’s shareholders in March. The average operating profit of the business was won more than 10 trillion in the first quarter of that year.