Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand

Samsung Electronics second-quarter operating profit beats estimates on soaring AI chip demand

The logo of Samsung is seen at the Samsung Electronics Seocho building in Seoul on July 7, 2026. South Korean technology giant Samsung Electronics forecast on July 7 a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven demand for memory chips. ( Jade GAO / AFP via Getty … Read more