Seoul, July 30, 2026 (AFP) - Samsung quarterly operating profit up 1,800% on AI boom

NAMPA / AFP
2026-07-30
South Korean technology giant Samsung Electronics posted on Thursday a massive 19-fold jump in second-quarter operating profit from last year, buoyed by frenzied demand for memory chips used in AI data centres. Samsung and other leading memory chipmakers have seen profits skyrocket in 2026, but their share prices have proven volatile as investors question whether the artificial intelligence boom is over-hyped. April-June operating profit came to......
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WINDHOEK, 21 July 2026 - The upcoming Otjomuise Cultural Expo will feature a youth beauty pageant, providing a dynamic platform for emerging young talents to showcase their skills and confidence. (Photo: Contributed) NAMPA.

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MPUNGU, 27 July 2026 - Joseph Abaseb, 41, of Farm Huigub, who fixes fences to survive and never went to school because of his disability, receives a wheelchair from the Office of the Vice President. (Photo by: Lylie Joel) NAMPA

MPUNGU, 27 July 2026 - Joseph Abaseb, 41, of Farm Huigub, who fixes fences to survive and never went to school because of his disability, receives a wheelchair from the Office of the Vice President. (Photo by: Lylie Joel) NAMPA

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