Reports Q2 revenue KRW 74.07T vs. KRW 60.01T last year. Reports Q2 operating profit KRW 10.44T vs. KRW 0.67T last year. In Memory, the company said, “The expansion of AI investments by hyperscaler customers resulted in robust demand for not only HBM, but also conventional DRAM and SSD”. Second-half outlook for Memory segment: “We expect the demand from server AI to stay strong across server products such as HBM, DDR5, and SSD, due to continued investments in AI. The ramping of HBM and server DRAM production and sales is likely to further constrain conventional bit supply in both DRAM and NAND.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- Hynix ‘continues to raise the bar’ for Micron and Samsung, says TD Cowen
- Netlist secures order finalizing $303M damages award against Samsung
- 2026 iPhone to use advanced camera sensor from Samsung, says analyst Kuo
- Samsung’s HBM3 chips cleared by Nvidia for use in its processors, Reuters says
- Samsung plans ‘radically different’ AI phones, AFR reports