Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch

Samsung likely to post 18-fold jump in profit on surging AI demand for memory

Samsung Q2 operating profit jumped 18-fold to 86 trillion won as agentic AI inference demand strains global memory supply. Memory now 52% of cloud capex (rising to 70%+ next year) — AI infrastructure remains memory-heavy, reshaping budget and vendor strategy.