Loading...
Market
What will be Samsung's market share in the global memory chip market by end of 2024?
2
Resolution / Starting Odds
Below 30% • 25%
30% - 35% • 25%
35% - 40% • 25%
Above 40% • 25%
Market reports from research firms such as Gartner or IDC
Story
Samsung Projects 10.4 Trillion Won Q2 Profit, 1400% Increase Amid AI Boom
Jul 5, 2024, 04:16 AM
Samsung Electronics has projected a significant increase in its Q2 operating profit, estimating it to reach 10.4 trillion won. This marks the company's fastest pace of profit growth in years, driven by a recovery in memory chip demand as AI development accelerates globally. The anticipated profit jump exceeds 1400%, reflecting strong market performance. Samsung shares have surged to a three-year high following the better-than-expected guidance, underscoring the impact of the AI boom on data centers and demand for advanced chips. The forecast by the world's largest memory-chip maker by sales highlights the critical role of AI in boosting profits, according to BBC.
View original story
Similar markets
Less than 15% • 25%
15% to 20% • 25%
20% to 25% • 25%
More than 25% • 25%
More than 15% • 25%
10-15% • 25%
5-10% • 25%
Less than 5% • 25%
Below 15% • 25%
15-20% • 25%
20-25% • 25%
Above 25% • 25%
Below 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
Above 20% • 25%
Less than 10% • 25%
10-20% • 25%
20-30% • 25%
More than 30% • 25%
Less than 30% • 25%
30% to 40% • 25%
40% to 50% • 25%
More than 50% • 25%
Less than 20% • 25%
20%-30% • 25%
30%-40% • 25%
More than 40% • 25%
Increase • 25%
Stable • 25%
Decrease • 25%
Significant decrease • 25%
Less than 50% • 25%
50% - 55% • 25%
55% - 60% • 25%
More than 60% • 25%
1st • 25%
2nd • 25%
3rd • 25%
4th or lower • 25%
Below 10% • 25%
10% to 15% • 25%
15% to 20% • 25%
Above 20% • 25%