Search
Samsung Electronics has achieved a market valuation exceeding $1 trillion, positioning it as the second Asian company—following TSMC—to attain this significant benchmark. Propelled by a surge in demand for artificial intelligence (AI) chips, the stock price of the world’s leading memory manufacturer has soared by more than 200% over the past year. On Wednesday morning, Samsung’s shares climbed by up to 12%, driving the South Korean KOSPI index above the 7,000-point threshold for the first time in history. In the first quarter, Samsung Electronics reported a staggering 756% year-on-year increase in operating profit, with its semiconductor division accounting for over 90% of the total earnings. The growing gap between supply and demand in memory chips, coupled with the escalating demand for AI technology, has emerged as the primary catalyst for this remarkable growth.
-
C114 Communication Network -
Communication Home
