Samsung Electronics' semiconductor profit increased by more than 250 times, with an operating profit of 89.2 trillion won in the second quarter

According to Jinshi reports, Samsung Electronics' semiconductor division reported that its profits have increased by more than 250 times due to the reliance of artificial intelligence on memory. The division's operating profit for the second quarter was 89.2 trillion won (approximately 62 billion USD), exceeding analysts' average expectation of 79.3 trillion won.

The group's overall net profit was 71.3 trillion won, also surpassing market expectations.