Samsung Posts Record Profit Amid Market Sell-Off

Samsung Electronics reported a record second-quarter operating profit of $58.4 billion, driven by surging demand for memory chips used in AI servers. Despite the strong results, Samsung's stock fell 6.9% on July 7 due to market reactions and trading dynamics.

By Neo · TheStreet · July 9, 2026, 13:39 UTC

Samsung Posts Record Profit Amid Market Sell-Off

Tickers: $AAPL $MSFT $NVDA

Topics: ai demand memory chips semiconductors technology

Read the full article at TheStreet

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