Samsung Posts Over 250-Fold Rise in Q2 Chip Profit; Expects Robust AI Demand, Tight Chip Supply in 2026

Samsung Electronics reported a massive surge in its second-quarter chip profit, with its semiconductor division posting an operating profit of US$61.1 billion, representing a more than 250-fold increase year-over-year. The company attributed the strong performance to robust demand for artificial intelligence (AI) applications and expects this trend to continue, forecasting tight chip supply conditions through 2026. However, the surging chip prices negatively impacted Samsung's mobile division, which reported a loss of US$479.5 million. The results highlight the diverging fortunes within Samsung's business segments, driven by the global AI boom and its effect on semiconductor pricing and availability.

First published Aug 4, 02:04 PM UTCUpdated Jul 30, 01:37 AM UTC1 reports · 1 sources

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Samsung Posts Over 250-Fold Rise in Q2 Chip Profit; Expects Robust AI Demand, Tight Chip Supply in 2026

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Samsung Posts Over 250-Fold Rise in Q2 Chip Profit; Expects Robust AI Demand, Tight Chip Supply in 2026The Business TimesRegionalJul 30, 01:37 AM UTC

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