Samsung reports Q2 revenue up 130% YoY to ~$118.1B, vs. ~$118.9B est., and operating profit up 1,814% to ~$61.46B, vs. ~$60.68B est., on robust AI demand (Jenny Lee/CNBC)
Samsung’s quarter was carried by AI-linked chip demand, with profit landing ahead of estimates despite a small revenue miss.
Techmeme’s note says Q2 revenue rose 130% year over year to about $118.1 billion, just under the roughly $118.9 billion expected. Operating profit jumped 1,814% to about $61.46 billion, above the roughly $60.68 billion estimate. The cited coverage points to robust AI demand and a sharp rebound in Samsung’s chip business as the driver. Techmeme's note
Techmeme’s note says Q2 revenue rose 130% year over year to about $118.1 billion, just under the roughly $118.9 billion expected. Operating profit jumped 1,814% to about $61.46 billion, above the roughly $60.68 billion estimate. The cited coverage points to robust AI demand and a sharp rebound in Samsung’s chip business as the driver. Techmeme's note
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