Samsung Electronics reported a Q2 2026 operating profit of 89.4 trillion won ($58.4 billion), an 1,810% surge from a year earlier, driven by AI-driven demand for memory chips. The quarterly profit exc…
Samsung Electronics reported a record quarterly operating profit of 89.4 trillion won ($58.6 billion) for Q2, surpassing Nvidia's previous record, driven by surging demand for AI memory chips. The pro…
Asian markets fell sharply on Tuesday, with South Korea's Kospi dropping 7.6%, despite a rebound in AI stocks that lifted the S&P 500 to near a record. Samsung Electronics and SK Hynix slumped 8.7% ev…
Asian markets fell sharply on July 7, 2026, with South Korea's Kospi dropping 7.6% and shares of Samsung Electronics and SK Hynix each slumping 8.7%, despite Samsung reporting a 19-fold surge in opera…
Samsung Electronics reported a 19-fold jump in Q2 operating profit to 89.4 trillion won, driven by surging demand for AI memory chips, but shares fell nearly 8% as investors worry the AI boom may be c…
Asian tech stocks slumped on July 2, 2026, as investors locked in profits after Samsung Electronics' shares surged over 180% earlier in the year. Samsung dropped 9% and SK Hynix fell up to 14.57%, dra…
Samsung Electronics reported a 19-fold surge in second-quarter 2026 operating profit to 89.4 trillion won, beating estimates, but shares fell up to 7.9% as investors questioned the sustainability of A…
Asian equities slipped in early July 2026 despite Samsung's forecast of an 18-fold profit surge driven by AI chip demand, while the Japanese yen slid to 40-year lows near 162 per dollar, reshaping the…
Samsung Electronics reported a 19-fold surge in quarterly profit to 89.4 trillion won, beating expectations, driven by AI demand for memory chips. However, shares fell as investors worry about competi…
Samsung Electronics projected a record Q2 operating profit of 89.4 trillion won ($58.4 billion), driven by surging demand for AI chips. The earnings estimate marks a 1,810.3% year-over-year increase a…
South Korea policy chief Kim Yong-beom defended a 10-year national AI strategy on July 6, tying semiconductor, AI data-center and physical-AI projects to long-term investment plans from Samsung Electr…
Samsung Electronics reported record profits for April-June 2026, with operating profit of 89.4 trillion won and revenue of 171 trillion won, driven by surging demand for AI memory chips. The company's…
Samsung Electronics posted a second-quarter operating profit of 89.4 trillion won ($58 billion), up 1,810% year-over-year, driven by surging AI memory demand that lifted DRAM and NAND prices. The reco…
Samsung Electronics reported a record second-quarter operating profit of 89.4 trillion won ($61 billion), a 1,810% surge from a year ago, driven by booming demand for AI memory chips. Revenue rose 129…
Samsung Electronics Co. reported a 19-fold surge in quarterly profit, beating elevated expectations, driven by runaway demand for memory chips used in AI data centers. The world's largest memory maker…
US stock futures rose about 0.1% on Tuesday after the Dow hit a record high, driven by renewed faith in AI trade following June's chip stock sell-off. Investors await earnings from Samsung Electronics…
SK Hynix announced a US share sale aiming to raise up to $36 billion to fund new chip fabrication plants and ASML equipment. Samsung and SK Hynix are leading a South Korean government initiative to in…
Anthropic is in early talks with Samsung Electronics to manufacture a custom AI processor, according to Bloomberg Technology and The Information. The move signals Anthropic's intent to control hardwar…
SK Hynix plans to list American depositary receipts on the Nasdaq under ticker SKHY around July 10, aiming to raise up to $29.65 billion in the largest ADR offering in over two decades. The listing co…
Samsung Electronics is raising prices on commodity DRAM and LPDDR memory chips by over 20% in Q3 2026, marking the third consecutive quarter of significant hikes. The increases, driven by supply bottl…