Samsung Electronics' semiconductor division said that profits increased more than 250 times in the second quarter thanks to strong demand for memory chips brought strong profit margins by artificial intelligence. The business unit announced that it achieved operating profit of 89.2 trillion won for the quarter, which was higher than the analysts' average forecast of 79.3 trillion won. Samsung Electronics Group's overall net profit reached 71.3 trillion won, which also exceeded expectations. The profit situation of the world's largest memory chip manufacturer has attracted market attention, and investors hope to find evidence that the huge investments and high valuations driven by the AI boom are reasonable. Global semiconductor stocks once soared to record highs this year, but it also raised growing concerns in the market about fierce competition and potential overcapacity. Investors are increasingly questioning the commercial viability of large-scale investment in the industry, while also being wary of advances made by Chinese competitors in the field of technology.

Samsung Electronics' semiconductor division said that profits increased more than 250 times in the second quarter thanks to strong demand for memory chips brought strong profit margins by artificial intelligence. The business unit announced that it achieved operating profit of 89.2 trillion won for the quarter, which was higher than the analysts' average forecast of 79.3 trillion won. Samsung Electronics Group's overall net profit reached 71.3 trillion won, which also exceeded expectations. The profit situation of the world's largest memory chip manufacturer has attracted market attention, and investors hope to find evidence that the huge investments and high valuations driven by the AI boom are reasonable. Global semiconductor stocks once soared to record highs this year, but it also raised growing concerns in the market about fierce competition and potential overcapacity. Investors are increasingly questioning the commercial viability of large-scale investment in the industry, while also being wary of advances made by Chinese competitors in the field of technology.