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deep tech TNW July 07, 2026

Samsung’s Q2 profit jumps 19-fold to 89 trillion won on AI memory demand

Samsung’s Q2 profit jumps 19-fold to 89 trillion won on AI memory demand
AI Summary

Samsung Electronics guided to second-quarter operating profit of about 89.4 trillion won ($58.4bn) on Tuesday, roughly 19 times what it made in the same period a year earlier and, by most counts, the largest quarterly operating profit any technology company has ever reported. It is Samsung’s third consecutive record quarter, and it came in ahead of the roughly 84 […] This story continues at The Next Web

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