Samsung reports record profit as South Korean chip giants benefit from global AI boom

Samsung reports record profit as South Korean chip giants benefit from global AI boom  AP News

Samsung Electronics’ semiconductor business delivered its strongest-ever second-quarter performance, fueled by booming demand for artificial intelligence server memory that pushed revenue and operating profit to record highs, though the recovery remains uneven across the company’s broader businesses. While the memory b

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

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