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First reported by Seoul Economic Daily
Samsung Operating Profit May Top 100 Trillion Won, Nearing Global No. 1

Samsung tops Nvidia with record Q2 operating profit

By

The Korea Herald

1d ago

Source

The Korea HeraldSamsung tops Nvidia with record Q2 operating profitkoreaherald.com
Snippet from the RSS feed
Samsung Electronics appears to have overtaken Nvidia to post the world’s largest quarterly operating profit among major tech companies, reporting a record 89.4 trillion won ($58.6 billion) for the second quarter on booming demand for AI memory chips. Samsung said Tuesday its preliminary operating profit for the April-June period surged 1,810.3 percent from a year earlier. Revenue jumped 129.3 percent on-year to an all-time high of 171 trillion won. The operating profit also beat the market conse

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