Home Business News Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss

Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss

Samsung Q2 profit jumps 19-fold as AI chip demand offsets mobile loss

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Published: July 30, 2026 05:36:09 IST

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SEOUL, July 30 (Reuters) – Samsung Electronics said on Thursday its operating profit jumped 19-fold to a record in the second quarter, as solid demand for AI chips offset weaker earnings at its mobile

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Qualcomm forecasts weak quarterly profit, expects Apple revenue drop to accelerate

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