Samsung reports billions in record profit for Q2, thanks to AI boom
South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world’s two largest memory chipmakers continue to ride the global artificial intelligence boom . Despite their soaring profits, the companies’ shares have fallen sharply this week in South Korea’s volatile stock market , where retail investors often drive sharp swin
Record details
Published: 30 July 2026
Source: Fast Company Tech
Category: News
Topics: Finance, VC & PE
Retrieved: 31 July 2026
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ethics.ai (30 July 2026), “Samsung reports billions in record profit for Q2, thanks to AI boom,” evidence record 15035, https://ethics.ai/record/15035 (originally published by Fast Company Tech).
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