Samsung's chip division swings to profit in Q2 on strong AI demand

Competition is intensifying over AI chip leadership

20240731 Samsung HQ

South Korea's Samsung Electronics is benefiting from robust demand for AI-related chips. © Reuters

KIM JAEWON, Nikkei staff writer

SEOUL -- Samsung Electronics' semiconductor division swung to profit in the second quarter due to strong demand for artificial intelligence chips, as competition to lead the global market for such tech heats up.

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