Samsung overtakes Nvidia in profitability

BREAKING: Samsung has reportedly overtaken $NVDA to become the world’s most profitable company.
That is a major signal for the AI hardware cycle.
Nvidia has dominated the AI narrative through GPUs and accelerator demand.
But Samsung is now benefiting heavily from the memory side of the same buildout.
AI is not just a GPU trade.
It is also a memory, storage, packaging, and supply chain profit cycle.