- Samsung Electronics reported a record second-quarter operating profit of 89.5 trillion won ($61.98 billion), marking a 1,814% increase year on year.
- Samsung's revenue surged 130% to 171.5 trillion won in the second quarter compared to the previous year.
- AI server demand was identified as the key driver for Samsung's record-breaking memory earnings.
Samsung Electronics achieved a record second-quarter operating profit of 89.5 trillion won ($62 billion), a remarkable 1,814% increase year-on-year, driven primarily by strong demand for AI chips. This performance exceeded the average analyst estimate of 79.3 trillion won and marked a significant rise from 4.68 trillion won in the same quarter last year.12
The South Korean tech giant reported a 130% increase in revenue, totaling 171.5 trillion won, as AI server demand propelled its memory chip business to new heights. The company noted that its record-breaking memory earnings were bolstered by all-time high sales of DRAM and NAND chips.3456
In addition, Samsung scaled up its HBM4 sales and shipped the industry's first HBM4E samples to major customers. Looking ahead, the company anticipates continued robust demand for memory, particularly centered on servers, as AI infrastructure investments grow and the adoption of agentic AI expands.
Group-wide net income reached 71.3 trillion won, also surpassing estimates, showcasing the company's strong performance across its divisions.
“Samsung's semiconductor arm reported a more than 250-fold jump in profit, with operating income reaching 89.2 trillion won ($62 billion) in the June quarter, surpassing analyst estimates of 79.3 trillion won. The company anticipates continued robust demand for memory centered on servers amid ongoing AI infrastructure investments.”
CNBC
