Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips
fruitycoder, Excessive memory cost being place to target development. Got it.
Aopen, No malicious business decisions involved here.
Source: SSD prices predicted to skyrocket throughout 2024 — TrendForce market report projects a 50% price hike
Samsung has decreased its output by 50% since September, though the market has already seen price bumps due to inventory being cleared out.
PenisWenisGenius, (edited ) Intentionally induced shortages should be illegal.
Where does Samsung get their chips made anyway? Sure would hate for some homebrewers to find a way to make ssds out of mouser or digikey parts when prices hike back up to $1 per GB. Would be a shame for corporate profits indeed.
Moreless, RIP Samsung employees when they only profit 920%
quoll, selling shovels in a gold rush
SlopppyEngineer, And the moment they scale up production the hype train derails.
maynarkh, So they don’t scale up and we’ll have another shortage.
SlopppyEngineer, 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, Or if money wasn’t used as the ultimate priority mechanism for distributing scarce goods in a time of unprecedented inequality.
kameecoding, Nvidia double dipped with Crypto then AI
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