--- title: Samsung’s operating profit soars 930% as AI tailwinds... description: Samsung's operating profit surged 930% in the first quarter of 2024 due to increased demand for its servers, memory chips, and storage used in AI applications.... canonical: https://daily.dev/posts/samsung-s-operating-profit-soars-930-as-ai-tailwinds-drive-demand-for-memory-chips-x9wmk2uo0 twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips | daily.dev og:description: Samsung's operating profit surged 930% in the first quarter of 2024 due to increased demand for its servers, memory chips, and storage used in AI applications.... og:url: https://daily.dev/posts/samsung-s-operating-profit-soars-930-as-ai-tailwinds-drive-demand-for-memory-chips-x9wmk2uo0 og:image: https://api.daily.dev/og/posts/x9WMk2uo0.png og:image:alt: Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips **[TechCrunch](https://daily.dev/sources/tc)** · 3 min read · 0 upvotes · 0 comments ## Summary Samsung's operating profit surged 930% in the first quarter of 2024 due to increased demand for its servers, memory chips, and storage used in AI applications. The company's semiconductor business was the main driver of growth. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#ai](https://daily.dev/tags/ai), [#samsung](https://daily.dev/tags/samsung) [View this post on daily.dev](https://daily.dev/posts/samsung-s-operating-profit-soars-930-as-ai-tailwinds-drive-demand-for-memory-chips-x9wmk2uo0) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips","url":"https://daily.dev/posts/samsung-s-operating-profit-soars-930-as-ai-tailwinds-drive-demand-for-memory-chips-x9wmk2uo0","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/samsung-s-operating-profit-soars-930-as-ai-tailwinds-drive-demand-for-memory-chips-x9wmk2uo0"},"datePublished":"2024-04-30T16:09:10.660Z","dateModified":"2024-05-09T09:30:38.138Z","description":"Samsung's operating profit surged 930% in the first quarter of 2024 due to increased demand for its servers, memory chips, and storage used in AI applications....","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/279c8c594c747ae6b6019d0e3553f87a?_a=AQAEuiZ","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/279c8c594c747ae6b6019d0e3553f87a?_a=AQAEuiZ","isAccessibleForFree":true,"articleSection":"TechCrunch","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"TechCrunch","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tc","url":"https://daily.dev/sources/tc"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/samsung-s-operating-profit-soars-930-as-ai-tailwinds-drive-demand-for-memory-chips-x9wmk2uo0","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"ai,samsung","timeRequired":"PT3M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"TechCrunch","item":"https://daily.dev/sources/tc"},{"@type":"ListItem","position":3,"name":"Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips"}]} ```