Samsung Electronics Co. Ltd. saw a significant increase in operating profit and revenue in the Jan-March quarter, driven by its semiconductor division.

The company announced plans to introduce the industry's first 12-layer chip and expand AI features in its mobile devices, while also meeting AI server demand with high-end SSD products.

Samsung anticipates strong demand for generative AI and plans to continue investing in this area, with its memory chip business seeing a substantial rise in profitability.

Samsung regained its position as the world's top smartphone vendor, with around 60 million smartphones shipped in the first quarter.

The company is also set to receive $6.4 billion in U.S. funding for chipmaking facilities in Texas.

NVIDIA Corp has had a successful year, with a notable stock performance and a leading position as an AI chipmaker.

NVIDIA is experiencing strong growth, with UBS raising its price target and projecting significant increases in revenue and earnings per share.

AMD competes in the gaming GPU market, offering a range of GPUs with varying features and price points, suitable for different gaming needs and budgets.