Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips
Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips
Samsung said its memory chip business returned to profitability, and prices continued to rise thanks to demand for DRAM chips used in genAI applications.
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No malicious business decisions involved here.
Source: SSD prices predicted to skyrocket throughout 2024 — TrendForce market report projects a 50% price hike
Samsung has decreased its output by 50% since September, though the market has already seen price bumps due to inventory being cleared out.
Intentionally induced shortages should be illegal.
Where does Samsung get their chips made anyway? Sure would hate for some homebrewers to find a way to make ssds out of mouser or digikey parts when prices hike back up to $1 per GB. Would be a shame for corporate profits indeed.