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Samsung's Massive Profit Surge Driven by Memory Chip Rebound
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Samsung's profit surged 1,452.2% in Q2 2024, reaching 10.4 trillion won. Revenue increased by 23.3% to 74 trillion won. The surge was driven by a rebound in memory chip sales.
Samsung trails SK Hynix in high-bandwidth memory (HBM) chips, which are critical for AI. SK Hynix supplies Nvidia, a major player in AI GPUs. Samsung is working to qualify as a supplier to Nvidia.
The new semiconductor leadership aims to narrow the gap and enhance product competitiveness.
| Scores | Value | Explanation |
|---|---|---|
| Objectivity | 6 | Comprehensive reporting with in-depth analysis. |
| Social Impact | 4 | Strong social discussion, influencing some public opinion. |
| Credibility | 5 | Solid evidence from authoritative sources. |
| Potential | 5 | Very high potential to trigger larger events. |
| Practicality | 4 | Highly practical, applicable to real problems. |
| Entertainment Value | 3 | Some entertainment value, attracts a portion of the audience. |