Samsung Electronics has projected a sharp rise in quarterly profit, driven by strong demand for semiconductors used in artificial intelligence and data centres. The company says chip prices have begun recovering after a prolonged downturn.

The improvement is largely linked to increased global demand for high-performance memory chips. These components are essential for AI systems, cloud computing and advanced digital services.

Samsung has been adjusting production levels to match demand, while also investing in next-generation semiconductor technology. The company is aiming to strengthen its leadership in the global chip market.

The rebound comes after a challenging period marked by oversupply and weak pricing in the semiconductor sector. Recent trends suggest a gradual recovery is underway.

Analysts say the outlook for chipmakers is improving as AI adoption accelerates. Samsung’s performance will be closely watched as an indicator of broader industry recovery.

Source: Reuters