Samsung guides to a record quarterly operating profit of about 89.4 trillion won on AI memory demand

Samsung Electronics on Tuesday, 7 July guided to about 89.4 trillion won in operating profit and roughly 171 trillion won in sales for the second quarter of 2026 in its preliminary release. That would be the company's largest quarterly profit ever, nearly 19 times the 4.68 trillion won it earned a year earlier. Strong demand for high-bandwidth memory (HBM) and DRAM used in AI was the main driver. Even so, Samsung shares fell as much as 6.9 percent in Seoul. Full results are due on 30 July.