Quarterly profit at the world’s largest memory chipmaker surged 19-fold on booming AI demand, but was just 6% above analyst estimates. | World News

SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI…

Samsung Electronics prepares to reassure chip investors after Kospi crashes rattled AI stocks and spilled over into Bitcoin and crypto markets.

Samsung is expected to post a record profit as booming AI memory demand offsets concerns over rising bonus costs.

Samsung Electronics is poised to report an 18-fold increase in operating profit for Q2, driven by soaring AI-related memory demand and rising chip prices.

Analysts expect Samsung to report around 86 trillion won in Q2 operating profit, roughly 18 times last year, as AI memory prices surge.

Samsung is expected to report strong Q2 2026 earnings as robust demand for AI memory chips boosts semiconductor sales despite higher operating costs.

Samsung's Q1 2026 Device Solutions division posted KRW 53.7 trillion operating profit as AI memory chip demand surges, reshaping semiconductor stocks and

Wall Street rose ahead of Samsung's Q2 earnings, with the chip giant projecting a record $56B operating profit driven by AI memory demand.

Samsung Electronics forecast a 19-fold jump in Q2 operating profit from a year earlier, as AI-driven demand continued to boost memory chip prices.

SEOUL, July 7 : Samsung Electronics on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, its third consecutive quarter of record operating…

AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.

AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.

South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven…

The memory bubble appears to be rapidly deflating.

SEOUL, July 7 — South Korean technology giant Samsung Electronics forecast today a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by...

Asian stocks slipped despite Samsung's 18-fold profit forecast as the yen hit 40-year lows near 162 per dollar. What it means for investors and crypto

Seoul once again led losses on a mixed day in Asian stocks Tuesday as chip giant Samsung tumbled despite an eye-watering rise in profit, stoking fears that the record-breaking,…

South Korean chipmaker plans to build more fabs to meet rising demand on AI boom

Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's durability. Memory chip prices…

Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.