Samsung Electronics estimates nearly three-fold profit surge as memory prices skyrocket

Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty Images South Korea’s Samsung Electronics expects its profits to triple in the final three months of last year, reaching a record high, as memory prices surge amid booming demand tied to artificial intelligence.  The world’s largest memory…

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Nikkei 225, Hang Seng Index, CSI 300

SHANGHAI, CHINA – The German Christmas Market is lit up at the Bund Central Square near Nanjing Road Pedestrian street in Shanghai, December 15, 2022. (Photo credit should read CFOTO/Future Publishing via Getty Images) Future Publishing | Future Publishing | Getty Images Asia-Pacific markets traded mixed Wednesday, with several indexes set to close early in…

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