Samsung Q2 results: Tech giant posts record high $62 billion profit on AI chip boom

Samsung Electronics achieved its highest-ever quarterly operating profit, fueled by strong AI chip demand. Rival SK Hynix also reported record revenue, reflecting industry strength. However, investor sentiment declined due to expansion plans and Chinese competition. Both companies are investing heavily in new chipma

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

South Korean technology giant Samsung Electronics has reported a record operating profit of $62 billion for the April-June quarter

Samsung’s Chip Earnings Push Net Profit to Record  WSJ

CompaniesResults at world's biggest memory chip maker come as AI boom concerns riseSamsung's quarterly figures come in at a time when chipmakers' share prices have tumbled from recent highs amid concerns over growing competition from China and the possibility that the AI boom has peaked. © ReutersSTEVEN BOROWIECJuly 30

FILE PHOTO: A Samsung Electronics logo appears in this illustration taken August 25, 2025. REUTERS/Dado Ruvic/Illustration/File Photo 30 Jul 2026 08:03AM SEOUL, July 30 : Samsung Electronics said on Thursday its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weake

Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss  reuters.com

Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates.

Samsung Electronics posted a record 89.5 trillion won ($61.9 billion) in operating profit for the second quarter, as the AI-driven memory boom lifted both profit and revenue to all-time highs. The tech giant said Thursday its April-June revenue reached 171.5 trillion won, up 28 percent from the previous quarter, while

WEC Energy Group reported a nearly 22 per cent rise in second-quarter profit on Wednesday, as higher electricity sales to commercial and industrial customers boosted revenue and offset rising costs.

Samsung Electronics said on Saturday it struck a pact with U.S. chip designer Broadcom to widen cooperation across memory chips, contract ​chip making and advanced packaging envisaged to exceed $200 billion until ‌2030.