Bank of America projects Samsung and SK Hynix Q1 operating profit to exceed $20 billion, potentially surpassing TSMC, with memory prices expected to rise further in April

Bank of America's report suggests that improved optimism for DRAM and NAND could lead to Samsung Electronics and SK Hynix's combined Q1 operating profit exceeding $20 billion, potentially surpassing TSMC. The report also anticipates further increases in memory chip prices in April, which could push each Korean memory company's quarterly operating profit over $20 billion.