Samsung operating profit up 1,800% in second quarter on AI boom
Samsung operating profit up 1,800% in second quarter on AI boom 30-Jul-2026, 08:40 30 Jul 2026, 08:40 The world's largest memory chipmaker posted an April-June…
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Summary
Samsung operating profit up 1,800% in second quarter on AI boom 30-Jul-2026, 08:40 30 Jul 2026, 08:40 The world's largest memory chipmaker posted an April-June operating profit of 89.49 trillion won (US$62 billion). Samsung's share prices have also declined this week. Demand for server chips is expected to accelerate further, keeping the market undersupplied, it said in a statement.
Furthermore, SK hynix's second quarter operating profit and revenue posted Wednesday came in below expectations, even as net profit soared a forecast-beating 1,242 per cent. The earnings met market expectations, South Korea's Yonhap news agency said, citing its own financial data firm.
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Samsung operating profit up 1,800% in second quarter on AI boom 30-Jul-2026, 08:40 30 Jul 2026, 08:40 The world's largest memory chipmaker posted an April-June operating profit of 89.49 trillion won (US$62 billion).
reliability moderate2/3 sourcesSamsung's share prices have also declined this week.
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Demand for server chips is expected to accelerate further, keeping the market undersupplied, it said in a statement.
according to The IndependentSK hynix's second quarter operating profit and revenue posted Wednesday came in below expectations, even as net profit soared a forecast-beating 1,242 per cent.
according to Channel News AsiaThe earnings met market expectations, South Korea's Yonhap news agency said, citing its own financial data firm.
according to Channel News Asia
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