Samsung Expects Record Profit in 2Q26 Driven by AI Boom

Ahead of its quarterly financial report, Samsung expects record Q2 operating profit and revenue of more than KRW171 trillion ($113 billion). The company said that the results were driven by global demand for AI memory chips.

The company expects average operating profit of KRW89.4 trillion compared with KRW4.7 trillion in Q2 2025. This is a 19-fold increase, as demand for semiconductors driven by the AI boom continues to outstrip supply. Samsung’s operating profit has now risen to record levels for three quarters in a row. Revenue is forecast to be more than double the KRW74.6 trillion recorded in 2Q25.

Samsung is due to release its full results later this month. The company has been one of the biggest beneficiaries of the demand for AI infrastructure, with its shares doubling over the past year to lift its market capitalisation past the $1 trillion mark. Last week, Samsung and fellow South Korean player SK Hynix announced plans to lead a domestic semiconductor and AI investment program worth around $1 trillion.