
Samsung expects 1,800pc leap in quarterly operating profit on AI boom
The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won — up 1,810 per cent on-year, a company statement said. — AFP…
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Summary
The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won (RM230 billion) — up 1,810 per cent on-year, a company statement said. — AFP pic First Published: Tuesday, 07 Jul 2026 8:42 AM MYT SEOUL, July 7 — South Korean technology giant Samsung Electronics forecast today a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. Samsung expects 1,800pc leap in quarterly operating profit on AI boom. Samsung and domestic rival SK hynix are involved in a massive public-private investment of 800 trillion won to build a new semiconductor fabrication hub in the country’s southwest.
Furthermore, Frenzied global demand for advanced memory chips used in data centres for artificial intelligence has already helped South Korean semiconductor giants post record profits this year.
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The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won (RM230 billion) — up 1,810 per cent on-year, a company statement said. — AFP pic First Published: Tuesday, 07 Jul 2026 8:42 AM MYT SEOUL, July 7 — South Korean technology giant Samsung Electronics forecast today a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips.
reliability moderate3/3 sourcesSamsung expects 1,800pc leap in quarterly operating profit on AI boom.
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Samsung and domestic rival SK hynix are involved in a massive public-private investment of 800 trillion won to build a new semiconductor fabrication hub in the country’s southwest.
according to Malay MailFrenzied global demand for advanced memory chips used in data centres for artificial intelligence has already helped South Korean semiconductor giants post record profits this year.
according to Malay Mail
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The world’s largest memory chipmaker estimated April-June operating profit at 89.4 trillion won (RM230 billion) — up 1,810 per cent…
omitted byLeft sidecovered byCenterSamsung expects 1,800pc leap in quarterly operating profit on AI boom.
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