Samsung posts biggest quarterly profit in tech history
AI memory demand drives a 19x profit jump — $58.4B, the largest quarter any tech company has ever reported.
Samsung just guided to a 19-fold year-on-year jump in Q2 operating profit — roughly 89.4 trillion won ($58.4B), beating estimates and marking the highest single-quarter profit any tech company has ever reported. Revenue nearly doubled, up ~129% to 171 trillion won.
The engine is AI memory. The boom that started with high-bandwidth memory (HBM) has spilled into commodity chips: DRAM average selling prices rose ~44% quarter-on-quarter, and NAND flash climbed ~53%. AI datacenter buildouts are straining supply faster than fabs can add capacity, and Samsung is riding the price spike.
One catch — shares slid over 6% after the preview, as investors question how long the memory super-cycle lasts. Full divisional numbers land July 30.
Why it matters: the AI trade is no longer just chips like Nvidia — the memory that feeds them is now printing record money.
Sources
Independent coverage
- Samsung says memory chip demand will drive 19-fold jump in operating profit siliconangle.com
- Samsung estimates 19-fold rise in Q2 operating profit, beating expectations finance.yahoo.com
Written by an AI pipeline from the sources above. Methodology · Report an error
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