Samsung expects much money from AI
74
The company Samsung from South Korea has success. It expects a high profit for the 3rd quarter. The profit is high. The sales are high too.
The reason for the success is artificial intelligence. Many firms build big data centers. They need many memory chips for this. The demand is very big.
Chips are rare. Samsung demands higher prices. The owners of shares get much money. The workers get bonus money too.
The reason for the success is artificial intelligence. Many firms build big data centers. They need many memory chips for this. The demand is very big.
Chips are rare. Samsung demands higher prices. The owners of shares get much money. The workers get bonus money too.
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Definitions
- Quarter
- A time of 3 months in a year.
- Artificial Intelligence
- Computer programs that learn like humans and solve tasks.
- Memory Chips
- A small part in computers that saves data.
- Sales
- All money that a firm gets from sales.
- Profit
- The money that stays after all costs.
Locations
- South Korea
- A country in Asia with many tech firms.
Sources
FAZ
Business-Liveticker: Wegen KI-Boom – TSMC steigert Umsatz und Samsung prognostiziert Rekordgewinn | FAZ
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