Samsung Electronics appears to have overtaken Nvidia to post the world’s largest quarterly operating profit among major tech companies, reporting a record 89.4 trillion won (58.6 billion US dollars) for the second quarter on booming demand for AI memory chips.
Samsung said Tuesday its preliminary operating profit for the April-June period surged 1,810.3 percent from a year earlier. Revenue jumped 129.3 percent on-year to an all-time high of 171 trillion won.
The operating profit also beat the market consensus of 84.16 trillion won compiled by Yonhap Infomax by 6.2 percent.
The latest figure marks a 56 percent jump from Samsung’s previous record of 57.2 trillion won set in the first quarter, when it became the first Korean company to top 50 trillion won in quarterly operating profit.
The second-quarter profit also exceeded Samsung’s combined operating profit of 82.9 trillion won for the three years from 2023 to 2025.
The result would put Samsung ahead of Nvidia’s previous record quarterly operating income of 53.5 billion dollars for the fiscal first quarter ended April 26, as well as Apple’s recent peak, underscoring how sharply the global AI boom has shifted profit toward memory chipmakers.
