TNB Tech Minute: AI Makes Memory Chips One of the World’s Most Profitable Products

Jason Girzadas· Soundbite0:00

I think the potential of agentic is to rethink how work gets done overall. It challenges all sorts of traditional orthodoxies around how organizations execute the work at hand.

Speaker 10:11

That's Jason Gurzadis, CEO of Deloitte US, talking about the transformational potential of agentic AI. Join him later to learn why agents are a game changer for businesses across industries.

Danny Lewis· Host0:22

[music] Here's your afternoon TNB Tech Minute for Thursday, April thirtieth. I'm Danny Lewis for The Wall Street Journal. Thanks to investments in artificial intelligence, memory chips have become one of the world's most profitable products. Today, Samsung Electronics reported first quarter net profit of more than thirty billion dollars, with about ninety-four percent of the operating profit coming from its semiconductor business. Samsung's chief memory rivals, SK Hynix of South Korea and US-based Micron Technology, recently delivered similarly dizzying results. And tech market researcher TrendForce says memory prices in the first three months of twenty twenty-six grew nearly one hundred percent from the prior quarter, about double initial projections. Sports media company DAZN has agreed to buy technology company Viewlift for about one hundred million dollars. That's according to people close to the deal. Viewlift provides streaming service technology for fifteen professional US sports teams, five regional sports networks, and clients in news and entertainment. The London-based DAZN,