Woofun AI reports that Samsung Electronics announced a preliminary second-quarter operating profit increase of 1810.2% year-on-year, reaching 89.4 trillion South Korean won (approximately $58 billion). This figure surpasses the combined profits from 2023 to 2025 and exceeds market expectations of 84.2 trillion won, while revenue grew 129% to 171 trillion won.

The surge is attributed to high demand for AI data center storage chips, causing rivals SanDisk and Micron Technology to drop in after-hours trading. Industry data indicates DRAM and NAND prices rose significantly in Q2 2026 due to capacity constraints favoring high-bandwidth memory production. Samsung will release its official financial report on July 30th.