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Michael Ten @lemmy.world to Technology@lemmy.worldEnglish · 1 year ago

Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips

techcrunch.com

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Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips

techcrunch.com

Michael Ten @lemmy.world to Technology@lemmy.worldEnglish · 1 year ago
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Samsung's operating profit soars 930% as AI tailwinds drive demand for memory chips | TechCrunch
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Samsung said its memory chip business returned to profitability, and prices continued to rise thanks to demand for DRAM chips used in genAI applications.
  • quoll@lemmy.sdf.org
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    1 year ago

    selling shovels in a gold rush

    • kameecoding@lemmy.world
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      1 year ago

      Nvidia double dipped with Crypto then AI

    • SlopppyEngineer@lemmy.world
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      1 year ago

      And the moment they scale up production the hype train derails.

      • maynarkh@feddit.nl
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        1 year ago

        So they don’t scale up and we’ll have another shortage.

        • SlopppyEngineer@lemmy.world
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          1 year ago

          Yes, life would be easier if they plan out these disruptive innovations in advance.

          But nobody can really tell when the bubble bursts. Although it would be ironic if AI can indeed predict its own bubble bursting.

          • maynarkh@feddit.nl
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            1 year ago

            Or if money wasn’t used as the ultimate priority mechanism for distributing scarce goods in a time of unprecedented inequality.

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