AI chip demand drives Samsung profit up 19x

July 07, 2026 (MLN): Samsung Electronics is on track to post the strongest quarterly results in its history, with operating profit expected to surge nearly 19x on the back of soaring demand for AI memory chips.

The South Korean tech giant projected second-quarter operating profit of around 89.4 trillion won ($58.8 billion) for the April-June period from 4.68 trillion won in the same quarter last year, APP reported.

Quarterly sales are estimated at 171 trillion won, up roughly 2.3 times from 74.57 trillion won a year earlier.

A full earnings report, including net profit figures and a segment-wise breakdown, is due later this month.

If the numbers hold, this would be Samsung's third straight quarter of record revenue and operating profit.

The jump in earnings has been driven largely by strong demand for advanced memory chips used in AI data centers.

As tech firms continue ramping up AI infrastructure, tight semiconductor supplies have kept pricing firm, lifting earnings across major memory chip makers.

Samsung has also bolstered its position by scaling up production and shipments of high-value memory products, including its newest high-bandwidth memory chips built for AI use.

Meanwhile, the industry-wide shift in focus toward advanced AI chips has tightened supplies of conventional memory products, keeping prices elevated more broadly across the market.

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