"Samsung's memory chip business reported an unprecedented operating profit of 53.7 trillion won, a staggering increase from just 1.1 trillion won in the same period last year, highlighting the explosive growth in AI-related chip demand."
"The supply-to-demand gap for 2027 is projected to widen even further than in 2026, indicating that the current supply levels are insufficient to meet the surging demand from clients investing in AI technologies."
"Continued advancements in AI technology will lead to sustained demand growth, yet supply will remain constrained due to the lengthy lead times required for new factory construction."
Samsung Electronics achieved record quarterly profits, primarily due to a 49-fold increase in chip income. The company anticipates a worsening supply shortage as demand for AI-related memory chips rises. The construction boom of AI datacentres has led Samsung to prioritize advanced chip production. Despite signing multi-year contracts to secure supplies, the supply-demand gap is expected to widen. Samsung plans to increase capital expenditure to meet AI demand, with its chip division's operating profit reaching a record 53.7 trillion won, significantly up from the previous year.
Read at www.theguardian.com
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