Samsung’s Blowout Q1 Outlook Sends Chip Stocks Higher as AI Memory Demand Powers Rally
Samsung Electronics projected an operating profit of about 57.2 trillion won for the January-March quarter, an eightfold year-on-year increase that would mark a record quarterly profit. The company cited surging demand for high-bandwidth memory (HBM) and other chips used in AI data centres and stronger revenue growth of around 68%. Seoul-listed Sam…