A Samsung shop in Seoul. Samsung said its overall second-quarter net profit rose to a record 71.63 trillion won, beating estimates. EPAInfoCompany shares rose as much as 4.1% before slipping 1.9% on ThursdayBloombergJuly 30, 2026
Samsung's semiconductor unit posted an operating income of $62 billion, surpassing analyst estimates and marking a more than 250-fold profit surge.
AI-driven demand for high-bandwidth memory and storage is expected to sustain supply constraints, despite ongoing efforts to increase production.
Chipmakers' shares have tumbled despite record profits, as concerns grow over rising debt levels and potential data centre overcapacity among big tech firms.
Multi-year contracts have become industry standard, with Samsung securing a $200 billion deal to supply chips to Broadcom through 2030.
