Tech Brew Ride Home · Thursday, July 30, 2026
Samsung experienced a significant boost in its second-quarter earnings, with revenue up 130% and operating profit increasing by 1,814% year-over-year. This substantial growth is attributed to robust demand for AI-related memory chips.
“Samsung also reported earnings yesterday. Their Q2 revenue was up 130% year-over-year. Their operating profit was up 1,814% on robust AI demand, by which I mean, of course, memory chip demand.”