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Samsung reports billions in record profit for Q2, thanks to AI boom

Fast Company 30 July 2026 8h ago
Samsung reports billions in record profit for Q2, thanks to AI boom
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South Korean technology giant Samsung Electronics on Thursday reported a record operating profit of 89.5 trillion won ($62 billion) for the April-June period, a day after crosstown rival SK Hynix also reported record earnings, as the world’s two largest memory chipmakers continue to ride the global artificial intelligence boom . Despite their soaring profits, the companies’ shares have fallen shar
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