Samsung's performance becomes a key test for the AI chip market, Q2 operating profit expected to surge 18-fold

According to Odaily, memory chip manufacturer Samsung Electronics will announce its second-quarter performance on Tuesday. Based on the average forecast of analysts, the preliminary operating profit is expected to be 84.3 trillion won (approximately 55.1 billion USD), an 18-fold increase compared to the same period last year, and exceeding the full-year profit of 2025. Revenue is expected to grow by 127%, reaching a record 169 trillion won. Since June, chip stocks have experienced multiple significant corrections due to market concerns over intensified competition, potential overcapacity, and the return on massive AI investments. This makes Samsung's upcoming performance even more critical. With market expectations already at a high level, there is very limited room for disappointment.

Dave Mazza, CEO of Roundhill Financial, said: "Samsung's results come at a time when the market is simultaneously questioning the supply and demand dynamics of the memory chip investment thesis. If the results are close to market expectations, it would help quell the controversy and be favorable for Samsung." (Jinshi)