--- title: "Samsung's second-quarter profit is expected to hit a record high, driven by strong performance from AI demand" type: "News" locale: "en" url: "https://longbridge.com/en/news/291857859.md" description: "Samsung Electronics expects its operating profit for the second quarter to reach 89.4 trillion Korean won, setting a new historical high, with a year-on-year increase of over 19 times. This is mainly driven by rising memory prices and tightening supply due to AI demand. Although the foundry business faces loss pressure due to payroll expenses, and the mobile business may see demand suppressed by rising costs, the core memory business remains the main profit driver. The complete financial report will be released on July 30" datetime: "2026-07-07T00:57:50.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/291857859.md) - [en](https://longbridge.com/en/news/291857859.md) - [zh-HK](https://longbridge.com/zh-HK/news/291857859.md) --- # Samsung's second-quarter profit is expected to hit a record high, driven by strong performance from AI demand Investing.com - Samsung Electronics (KS:005930) announced its second-quarter profit forecast on Tuesday, expecting to set a historical high. The memory chip giant is benefiting from the explosive demand for artificial intelligence, leading to substantial earnings. Samsung stated that its operating profit for the second quarter ending June 30 is expected to reach 89.4 trillion won (58.43 billion USD), a significant increase of over 19 times compared to 4.68 trillion won in the same period last year, also surpassing Bloomberg's estimate of 84.2 trillion won. This profit marks the highest record in Samsung's history and signifies the company's third consecutive quarter of achieving record profits. In a statement, Samsung indicated that second-quarter revenue is expected to exceed 171 trillion won, more than doubling from 74.57 trillion won in the same period last year. This impressive performance is primarily attributed to the strong demand in the AI industry, with major global tech giants continuously investing billions of dollars to expand computing infrastructure. This trend has driven a significant increase in demand for high-bandwidth memory and traditional DRAM products, tightening supply and leading to a rise in memory prices across the board. Samsung is a key supplier to NVIDIA (NASDAQ:NVDA) and also utilizes NVIDIA's AI GPUs to build its own data centers. Samsung's core memory business is expected to be the main profit engine this quarter. However, its foundry business may face pressure from potential losses due to increased bonus payouts—Samsung reached a significant compensation agreement with chip division employees in May this year. Additionally, Samsung's smartphone and consumer electronics businesses may face challenges as rising memory costs could lead to higher product prices, thereby suppressing consumer demand. Samsung stated that it will announce its complete second-quarter financial report on July 30. _This article was translated with the assistance of artificial intelligence. For more information, please refer to our terms of use._ ### Related Stocks - [SMSN.UK](https://longbridge.com/en/quote/SMSN.UK.md) - [03121.HK](https://longbridge.com/en/quote/03121.HK.md) - [07347.HK](https://longbridge.com/en/quote/07347.HK.md) - [09347.HK](https://longbridge.com/en/quote/09347.HK.md) - [07747.HK](https://longbridge.com/en/quote/07747.HK.md) - [09747.HK](https://longbridge.com/en/quote/09747.HK.md) - [SSNGY.US](https://longbridge.com/en/quote/SSNGY.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [ZAWYA: Magna AI and Naver Innovation announce strategic partnership](https://longbridge.com/en/news/291511301.md) - [SK Telecom pursues construction of 15 GW AI data center](https://longbridge.com/en/news/291728658.md) - [DRAMageddon Deepens As Samsung Prepares 20% Memory Price Hike](https://longbridge.com/en/news/291705558.md) - [Samsung Electronics Stock Forecast: ₩86T Profit Expected, HBM Lead - Buy the Dip?](https://longbridge.com/en/news/291910924.md) - [12:12 ETXSparks Introduces the AI Operating Model, Turning AI From a Pilot into How the Business Runs](https://longbridge.com/en/news/291958296.md)