Samsung Q2 earnings expected to hit record high: memory chip surge offsets weakness in device business

CoinFeed July 5 news, according to Etoday reports, Samsung Electronics is expected to announce its preliminary second-quarter 2026 earnings on the 7th, with market consensus estimating its operating profit to reach approximately 85 trillion won, continuing historic profitability. According to financial data institutions, the company's second-quarter revenue is expected to be about 169.4 trillion won, with operating profit of about 85.5 trillion won, significant year-on-year growth, primarily driven by soaring memory chip prices fueled by AI infrastructure demand. Analysis shows that the semiconductor division (DS) becomes the core profit engine, with average selling prices of DRAM and NAND flash expected to rise 40% to 60% quarter-on-quarter, and AI computing expansion significantly boosting memory demand, contributing over about 90% of the company's profits.