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Samsung shares rallied as much as 4.86% to a high of 202,500 won during the session.
Samsung's Q1 operating profit is projected at 57.2 trillion won, over eight times last year's Q1.
KEY POINTS
- Q1 profit alone is expected to surpass Samsung's entire operating profit for all of last year.
- Samsung's Q1 sales are estimated at 133 trillion won, a 68% increase year-over-year.
- The profit surge is driven by high demand for high-bandwidth memory chips used in AI and data centers.
- Samsung's Q1 operating profit exceeded market expectations by 36.7%, according to Yonhap News Agency.
COMPANIES
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