The South Korean technology giant reported second-quarter revenue of 171.5 trillion won and operating profit of 89.5 trillion won, according to CNBC, beating analyst expectations of 79.3 trillion won and marking another record quarter. Operating profit surged more than eighteen-fold from a year ago, while revenue more than doubled, driven overwhelmingly by demand for AI memory. Samsung also indicated that AI infrastructure spending remains remarkably healthy heading into the second half of the year. Investors responded harshly, sending the shares sharply lower despite management insisting demand from AI customers remains exceptionally strong. Samsung sees chip shortages lasting until 2028, while SK Hynix says customers continue requesting additional memory supply and is signing five-year agreements to secure future business.