Samsung Reports Record Profit as AI Chip Demand Drives Semiconductor Surge
Samsung Electronics reported a record operating profit of 89.5 trillion won ($62 billion) for the April-to-June quarter on July 30, 2026. The result was driven by a more than 250-fold jump in semiconductor profit, as surging demand for AI-driven memory chips offset losses in the company’s mobile division. The numbers are staggering. Samsung’s semiconductor arm … Read more