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Samsung Shares Surge as AI Chip Boom Drives Eightfold Profit Growth

Shares of Samsung Electronics rose sharply after the company projected an eightfold surge in first-quarter profit, underscoring the powerful impact of the global artificial intelligence boom.

According to Reuters, the world’s largest memory chipmaker expects operating profit to climb to about 57.2 trillion won, up from 6.69 trillion won a year earlier, significantly exceeding market expectations.

The growth is being fuelled by soaring demand for AI-driven infrastructure, particularly memory products such as DRAM and high-bandwidth memory (HBM), which are critical for data centres and advanced computing systems. Investing.com notes that tightening supply has also pushed prices higher, amplifying revenue gains.

Samsung has emerged as a key beneficiary of what analysts describe as an AI-led semiconductor supercycle, as global technology firms ramp up investments in artificial intelligence capabilities and next-generation computing infrastructure.

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Samuel Oluwamayomikun
Samuel Oluwamayomikun
Samuel Oluwamayomikun is the Editor in Chief and Lead Copywriter at Empire Magazine Africa, where he leads editorial direction and shapes compelling narratives across business, culture, leadership, and African excellence. With a sharp eye for storytelling and strategic communication, he oversees content development, brand voice, and high impact features that position individuals and organisations with clarity and influence. His work sits at the intersection of journalism, brand storytelling, and editorial strategy, ensuring every piece published aligns with Empire Magazine Africa’s standard of depth, credibility, and cultural relevance

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