AI chip demand drives Samsung's record-breaking USD 61 bn profit
Samsung has announced a record profit of USD 61 billion, driven by a massive surge in demand for AI-related memory chips. The boom is also increasing component costs, leading to price hikes for…
Read the full articleYou might also wanna read
Samsung forecasts 19-fold profit surge to $58.4bn on AI chip demand
The firm's shares fell sharply on Tuesday as some investors had expected an even stronger performance.
bbc.in·4d ago
Samsung posts record quarterly profit of 89.4 trillion won, driven by AI chip demand; shares fall 7%
However, despite record earnings, the South Korean tech firm's shares fell 7%.
nzherald.co.nz·3d ago
Samsung forecasts record Q2 profit driven by AI chip demand
Samsung Electronics forecast record Q2 2026 quarterly profit and more than double the revenue year-on-year, driven by global demand for AI.
mobileworldlive.com·3d ago
Samsung Electronics likely to post 18-fold jump in profit on surging AI demand for memory
Up from 4.7 trillion won a year earlier, this would mark a third consecutive quarter of record operating profit for Samsung, reflecting a pr
Samsung posts record profit, surpasses Nvidia as AI memory boom lifts chip business
Samsung Electronics reported record quarterly earnings, with surging demand for artificial intelligence (AI) memory chips helping the compan
Samsung's Record Profit Overshadowed by AI Chip Demand
Samsung reports record profits, but the market remains unimpressed due to the AI chip rally and memory market volatility.
Comments
Sign in to join the conversation.
No comments yet. Be the first.