Samsung Projects 19-Fold Profit Surge

Samsung's Q2 operating profit jumps to $58.4B Samsung Electronics projects a 19-fold surge in second-quarter operating profit to 89.4T won. The profit surge is driven by red-hot AI chip demand. Despite the strong profit growth, Samsung's shares tumbled near

Samsung’s Q2 operating profit jumps to $58.4B

Samsung Electronics projects a 19-fold surge in second-quarter operating profit to 89.4T won.

The profit surge is driven by red-hot AI chip demand.

Despite the strong profit growth, Samsung’s shares tumbled nearly 5% due to one-off labor expenses and profit-taking.

Leave a Reply

Your email address will not be published. Required fields are marked *