PremiumUpdatedDaisuke Wakabayashi and Jason KaraianNew York Times·7 Jul, 2026 08:21 PM3 mins to readSamsung’s profit surged to 89.4 trillion Korean won, nearly 20 times last year’s. Photo / Getty ImagesSamsung Electronics said that its latest quarterly operating profit was nearly 20 times higher than last year’s, spurred by a seemingly insatiable demand for memory chips used in data centres for artificial intelligence.

The preliminary results for April through June, announced by the South Korean tech giant this week, underscore