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Samsung profits jump 1,800% as AI boom drives chip sales

BBC News·July 7, 2026
Samsung profits jump 1,800% as AI boom drives chip sales

Samsung's profits have surged by 1,800% due to the increasing demand for artificial intelligence-related chips. The company's chip sales have driven this significant growth, capitalizing on the current AI boom. Despite the impressive profit jump, Samsung's shares fell on Tuesday as some investors had expected even higher earnings. The drop in shares suggests that investor expectations may have been overly optimistic.

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