Samsung heads for an 18-fold profit jump as AI memory demand runs hot
Analysts expect around 86 trillion won in second-quarter operating profit, a third straight record, as DRAM and NAND prices climb.
Samsung Electronics is on course for one of the strangest earnings comparisons in its history. Analysts expect the company to report second-quarter operating profit of around 86 trillion won, roughly $56bn, when it publishes preliminary guidance this week.
That would be about 18 times the 4.6 trillion won it managed in the same quarter a year ago, back when the memory business was still a drag rather than an engine.
The gap says less about a sudden turnaround than about how far the AI memory cycle has run since Samsung crossed $1tn in market value earlier this year.
The figure is an estimate rather than a company number, drawn from analysts polled ahead of the guidance, and the usual caveats apply. Preliminary Korean earnings rarely miss the mark by much,...
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