Topic
record profit
Technology Samsung Posts Record $62 Billion Operating Profit on AI Chip Boom in Q2
Samsung Electronics posted a record operating profit of 89.5 trillion won ($62 billion) in Q2 2026, driven by surging AI memory chip demand. The semiconductor division offset losses in mobile and appliances, as the company expects continued undersupply. Meanwhile, rivals SK Hynix also reported record revenue, and Samsung announced massive investments alongside global AI partnerships.
Business Reliance Industries Q2 FY27 Results: Record EBITDA, Revenue Surges 25% Year-on-Year
Reliance Industries Ltd reported its highest-ever quarterly core profit and EBITDA for the June quarter, with consolidated revenue rising 25.4% year-on-year to Rs 3.12 lakh crore. Recurring EBITDA increased 10.1% to a record Rs 54,067 crore, despite geopolitical tensions and volatile commodity markets. The Oil-to-Chemicals and Jio Platforms businesses drove strong performance.