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Samsung Reports Record Profits as AI Drives Growth in the Memory Market
07/01/2026 11:16
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Samsung Electronics' profits surged by 208%, exceeding expectations, driven by a global surge in demand for AI servers, which led to a sharp rise in memory chip prices. Samsung recently announced that its preliminary operating profit for the quarter ending in December was 20 trillion won (approximately $13.8 billion), exceeding analysts’ average forecast of 17.8 trillion won. Revenue rose 23% to 93 trillion won. Samsung’s market capitalization has more than doubled in 2025 and has surged again this month, reflecting expectations of stellar quarterly results.
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Previous: Samsung Electronics fell 1.9% in early trading.
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Nick Timiraos of *Federal Reserve* noted that most single-family rental properties in the U.S. are owned or managed by small landlords. Over the past few years, institutional investors have accounted for only about 1% of total home purchases. Previously, *Donald Trump* reported that Wall Street would be barred from investing in single-family homes.: Next
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