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

Samsung Electronics reported a second-quarter operating profit of about 89.4 trillion won ($58.4bn), a 19-fold increase year-over-year, driven by strong AI-related memory chip demand. Revenue more than doubled to 171 trillion won, with DRAM and NAND flash prices rising significantly due to AI server needs. This marks Samsung's third consecutive record quarter, reflecting a booming memory market fueled by AI workloads.