{"slug": "samsung-passes-nvidia-to-become-most-profitable-company-in-the-world", "title": "Samsung Passes Nvidia To Become Most Profitable Company In the World", "summary": "Samsung Electronics surpassed Nvidia to become the world's most profitable technology company in the second quarter of 2026, driven by AI-fueled demand for memory chips. Samsung's chip division alone is projected to earn more in 2026 than it did over the past 40 years combined, with operating profit reaching $58.5 billion in Q2 versus Nvidia's $53.54 billion.", "body_md": "Samsungâ(TM)s chip division is projected to earn more in 2026 than it made across its previous 40 years in semiconductors, driven by soaring AI-fueled demand for memory and storage. The companyâ(TM)s latest quarterly operating profit reportedly topped Nvidiaâ(TM)s, making Samsung the worldâ(TM)s most profitable tech company for the period. Tom's Hardware reports: Brokerage consensus puts Samsung's full-year 2026 operating profit near 300 trillion won ($196 billion), and its second-quarter figure at about 84.6 trillion won ($55.1 billion). Samsung easily beat the consensus with $58.5 billion when it posted preliminary results on July 7, overtaking Nvidia's most recent quarterly operating profit of $53.54 billion and becoming the most profitable technology company in the world for the period, on the back of AI-driven memory demand.\nSamsung's DS division booked 53.7 trillion won ($35.1 billion) of the company's 57.2 trillion won in total operating profit during the first quarter of 2026, roughly 94% of the total, which is why the division's projection sits so close to Samsung's full-year consensus. \"This year's profit will exceed the cumulative profit generated over the past 40 years since we entered the semiconductor business,\" Kim Yong-Kwan told staff, scoping the claim to the chip business rather than the wider conglomerate. Further reading: Samsung Chip Workers To Get $340,000 Average Bonus In AI Boom[Read more of this story](https://hardware.slashdot.org/story/26/07/07/1927217/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world?utm_source=rss1.0moreanon&utm_medium=feed) at Slashdot.", "url": "https://wpnews.pro/news/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world", "canonical_source": "https://hardware.slashdot.org/story/26/07/07/1927217/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world?utm_source=rss1.0mainlinkanon&utm_medium=feed", "published_at": "2026-07-07 19:23:00+00:00", "updated_at": "2026-07-07 19:29:05.404852+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-chips", "ai-infrastructure"], "entities": ["Samsung", "Nvidia", "Tom's Hardware", "Kim Yong-Kwan", "Slashdot"], "alternates": {"html": "https://wpnews.pro/news/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world", "markdown": "https://wpnews.pro/news/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world.md", "text": "https://wpnews.pro/news/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world.txt", "jsonld": "https://wpnews.pro/news/samsung-passes-nvidia-to-become-most-profitable-company-in-the-world.jsonld"}}