{"id":88907,"date":"2024-07-31T00:15:06","date_gmt":"2024-07-31T04:15:06","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=88907"},"modified":"2024-07-30T23:39:37","modified_gmt":"2024-07-31T03:39:37","slug":"samsung-second-quarter-operating-profit-soars-1458-as-ai-demand-remains-strong-results-top-estimates","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/07\/2024\/samsung-second-quarter-operating-profit-soars-1458-as-ai-demand-remains-strong-results-top-estimates.html","title":{"rendered":"Samsung second-quarter operating profit soars 1,458% as AI demand remains strong; results top estimates"},"content":{"rendered":"\n<p>(CNBC) Samsung\u2019s revenue for the quarter ended June jumped 23.42% from a year earlier, while operating profit soared 1,458.2%. The South Korean giant said robust demand for high-bandwidth as well as conventional memory, such as regular dynamic random access memory, from customers expanding AI investments contributed to the strong performance.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/07\/31\/samsung-q2-2024-earnings-strong-ai-demand-lifts-profits.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Samsung\u2019s revenue for the quarter ended June jumped 23.42% from a year earlier, while operating profit soared 1,458.2%. The South Korean giant said robust demand for high-bandwidth as well as conventional memory, such as regular dynamic random access memory, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-88907","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88907","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=88907"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88907\/revisions"}],"predecessor-version":[{"id":88908,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/88907\/revisions\/88908"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=88907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=88907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=88907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}