NewsBite analysis · AI, Cloud, Hardware
The Japan Times
Samsung and SK Hynix answer AI doubters with big numbers and deals
In a noteworthy achievement, Samsung Electronics and SK Hynix, leaders in the global memory market, posted an impressive combined operating profit of 150 trillion won ($104 billion) in a single quarter, largely attributed to the rising demand for memory and storage products driven by AI technologies. This surge reflects the industry's critical role in supporting the ongoing AI boom, with projections showing that SK Hynix expects to surpass its profit records from the past 27 years throughout this year alone. The competitive landscape is transforming as customers aggressively pursue long-term supply contracts to ensure access to essential advanced memory technologies, signaling unprecedented growth and shifting market dynamics.
MonitorConfidence: HighShort term horizon
Published 31 Jul 2026, 04:45 UTC1 min read
Visit original article ↗Lead image — The Japan Times
Summary
TL;DR
- Samsung and SK Hynix achieved record profits in the June quarter.
- Combined profits reached $104 billion, driven by AI demand.
- SK Hynix expects to earn more in 2026 than in the previous 27 years.
- Customers are securing multiyear contracts amid high demand.
- Memory sector revenues largely stem from advancements in AI.
Interesting facts
- Combined profits for Samsung and SK Hynix represent 80% of the memory market.
- The scale of profit growth has raised questions about an AI bubble.
- Margins exceeded those of Taiwan's TSMC, a leader in advanced chip manufacturing.