Home Technology Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch

Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch

Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch

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Published: July 7, 2026 06:48:05 IST

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By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL, July 7 (Reuters) – Samsung Electronics on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, surpassing its

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