Page 2 - Dram Chips News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SEOUL (Reuters) -Samsung Electronics on Tuesday flagged a gradual recovery in demand in 2024 after reporting its highest quarterly profit so far this year, as the battered memory chip market began showing signs of a rebound from a severe downturn. The proliferation of on-device artificial intelligence (AI) functions will increase appetite for DRAM chips in premium products in 2024, the world's biggest memory chip and smartphone maker said in a statement. The South Korean technology giant said operating profit reached 2.4 trillion won ($1.78 billion) in July-September.

SEOUL (Reuters) -South Korea's SK Hynix said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter loss than it did in the previous quarter. SK Hynix said its business selling DRAM chips, used in tech devices, had returned to profit in the third quarter, after reporting losses in the first two quarters of this year. SK Hynix said it swung to a 1.8 trillion won ($1.33 billion) third-quarter operating loss from a profit of 1.7 trillion won a year earlier.

(Bloomberg) -- SK Hynix Inc.’s quarterly sales beat estimates, and the company declared surging interest in artificial intelligence was driving the beginnings of a recovery in the memory chip market.Most Read from BloombergChina Replaces Foreign Minister After Mysterious Absence‘We Were Wrong’: Morgan Stanley’s Wilson Offers Stocks Mea CulpaTwitter Turning Into X Set to Kill Billions in Brand ValueMusk Explains Why He’s Axing Twitter Name, Iconic Bird LogoRolex, Patek Prices to Keep Falling as S

Samsung Electronics said Friday it expects second-quarter operating profits to fall more than 95 percent on-year to their lowest level in 14 years, as a global glut of semiconductors continues to hurt its core memory sector.

A leading maker of dram chips in china, which will be the biggest beneficiary if micron pulls out of china or allowed to be used in china, we are seeing mike gallagher come in and say, we should actually be restricting them as well. so now we have this tit for tat on chips. we are trying to de—escalate. the idea is to drive down the tension so we don't continue with the chip war and hopefully we will make progress but right now this is a sideshow in the middle of these negotiations. now, indian prime minister narendra modi is in australia for a two—day visit aimed at boosting political and...