AI push reflected in Samsung earnings

 

Yesterday, Samsung Group projected profits of $37.8 billion for the first quarter of the year, more than eight times higher than last year. Annual revenue is expected to exceed that of 2025 by 70 percent. Much of this profit boost comes from increased demand for Samsung memory chips used in artificial intelligence applications such as chatbots, enterprise, content creation and defense. Analysts expect demand for AI hardware and software to continue expanding, but few executives, investors or everyday users have stopped to think about the consequences.