Samsung posts record W57tr profit, crushes estimates on AI memory boom

Samsung Electronics posted record-breaking quarterly earnings that far exceeded market expectations, driven by surging demand for AI memory chips. The company said Tuesday its preliminary operating profit reached 57.2 trillion won (42.5 billion) on revenue of 133 trillion won, according to a regulatory filing. Operating profit jumped 755 percent from 6.69 trillion won a year earlier, while revenue rose 68.1 percent from 79.14 trillion won.