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in Tech

Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand

by Editor July 5, 2024, 8:09 am 2k Views

Samsung shares hit over 3-year high after better-than-expected guidance on strong AI demand

The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by Joan Cros/NurPhoto via Getty Images)

Nurphoto | Nurphoto | Getty Images

Shares of Samsung Electronics jumped to their highest level since January 2021 after the South Korean tech giant said it

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thanks to explosive demand for artificial intelligence.

The…

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