Samsung Electronics is expected to flag a 160 per cent jump in its fourth-quarter operating profit spurred by a severe chip shortage that has sharply driven up ‍memory prices as customers scramble to meet booming demand for artificial intelligence. Semiconductor prices have rocketed in recent months, as the industry’s shift to AI-related chips has curbed production for traditional memory, while demand has been surging for both conventional and advanced chips to train and run AI models. Samsung...