Seoul, Jan 29, 2026 (AFP) - Samsung Electronics posts record profit on AI demand

NAMPA / AFP

2026-01-29

South Korean tech giant Samsung Electronics posted record quarterly profits on Thursday, riding strong market demand for its artificial intelligence chips. A global AI boom has pushed up prices and shipments of conventional chips, while demand for high?bandwidth memory chips, used in servers that power the technology, has soared. The hunger for chips to power AI has caused a shortage for consumer electronics, threatening higher prices for phones,......

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