Samsung Estimates Q2 Operating Profit at $58.44 Billion, Up 19x YoY
Commentary on X
Highest ranked
Vision33X ♘@Vision33XTECH
@business turns out selling memory to machines that never forget is a great business
Joel Ofori Patu@JoelOforiPatuTECH
@business Samsung is the future🤭
Rohan Paul@rohanpaul_aiTECH
Samsung just reminded everyone that AI runs on memory too. They just flagged a 19-fold profit jump, a $58.44B quarterly profit. AI made this possible by turning memory from a cheap cycle into scarce infrastructure. DRAM prices rose 44% quarter over quarter, while NAND prices rose 53%. For market share, Counterpoint said Samsung led DRAM and HBM combined in Q1 2026 with 38%, ahead of SK Hynix at 29%. Samsung also led NAND flash in Q1 2026 with 29%, ahead of SK Hynix at 18%. --- reuters.com/world/asia-pacific/samsung-estimates-19-fold-rise-q2-operating-profit-beating-expectations-2026-07-06/