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Monday, May 11, 2026

Samsung, SK Hynix earn more profit than all of listed India Inc

​​This reflects the trickle-down effect of the booming capital expenditure cycle in the artificial intelligence (AI) field for the chip makers as memory chips are core to the AI technology. Samsung and Hynix posted record net profits of $32.2 billion and $27.5 billion, respectively, for the March quarter, amounting to $59.7 billion in combined profit, the data from Bloomberg showed.

from Latest Telecom News | Latest Telecom Industry News, Information and Update: ET Telecom : ETTelecom.com https://ift.tt/3jtC2ON

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