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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selling shovels in a gold rush
75 0 ReplyNvidia double dipped with Crypto then AI
18 0 ReplyAnd the moment they scale up production the hype train derails.
11 0 ReplySo they don't scale up and we'll have another shortage.
4 0 ReplyYes, life would be easier if they plan out these disruptive innovations in advance.
But nobody can really tell when the bubble bursts. Although it would be ironic if AI can indeed predict its own bubble bursting.
1 0 ReplyOr if money wasn't used as the ultimate priority mechanism for distributing scarce goods in a time of unprecedented inequality.
1 0 Reply