Business - Samsung Electronics Profits Surge 1,800% Annually Amid Artificial Intelligence Spending Boom
The company said AI chip demand lifted sales 171 trillion won and pushed operating profit 1,810.3% above a year earlier.
- On Tuesday, Samsung Electronics projected record-breaking second-quarter operating profit of 89.4 trillion won and 171 trillion won in sales, driven by surging global demand for artificial intelligence chips.
- Contract prices for DRAM rose about 44% quarter on quarter, while NAND flash climbed roughly 53%, according to Citi Research. AI server demand continues outpacing supply from major memory makers, fueling the pricing surge.
- Meritz Securities analyst Kim Sun-woo estimates the Device Solutions division posted 90 trillion won in operating profit, though nearly 20 trillion won in performance bonuses reduced the figure. Underlying profit would have topped 100 trillion won.
- Samsung shares fell more than 6% on Tuesday amid profit-taking, despite results surpassing record quarterly profits from Nvidia and Apple , making the performance unprecedented among major tech giants.
- The company will release final financial results later this month with detailed divisional breakdown. On current form, full-year profit could rival what Samsung earned across the previous four decades combined.
23 Articles
23 Articles
The company made a profit of twenty trillion in the second quarter alone.
Business - Samsung Electronics profits surge 1,800% annually amid artificial intelligence spending boom
South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures…
Samsung Electronics has obtained an operating profit of 89.4 million won (just over 51 billion euros) in the second quarter of 2026, which represents a record quarterly result for the technological giant South Korea, which has been spurred by the demand for chips linked to the boom of the AI. In percentage terms, the increase is 1,810%, multiplying by 19 the profits obtained in the same period of 2025. The improvement is 56% in inter-quarterly c…
Electronics group Samsung's profits are going through the roof. The company expects to record a profit increase of 1,800 percent this quarter. According to preliminary figures, Samsung posted a profit of around 51 billion euros last quarter, while revenue doubled to 98 billion euros. According to Reinder Wietsma, portfolio manager at Centive, the explosion is ‘almost entirely attributable to AI.’
Samsung’s Q2 profit jumps 19-fold to 89 trillion won on AI memory demand
Samsung Electronics guided to second-quarter operating profit of about 89.4 trillion won ($58.4bn) on Tuesday, roughly 19 times what it made in the same period a year earlier and, by most counts, the largest quarterly operating profit any technology company has ever reported. It is Samsung’s third consecutive record quarter, and it came in ahead of the roughly 84 […] This story continues at The Next Web
Seoul, 7 Jul (EFE).- The main index of the Seoul Stock Exchange, the Kospi, has lost 4.91 % this Tuesday, despite the fact that the manufacturer of Samsung Electronics chips has published a record forecast for its operating result of the second quarter that increases by 19 that recorded in the same period of the previous year. The indicator decreased 395.02 points, to 7,656.31 integers. The Kosdaq index, which groups technological and medium cap…
Coverage Details
Bias Distribution
- 46% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
