CNBC and BBC reported that Samsung Electronics issued Q3 2026 earnings guidance projecting an operating profit of roughly $8 billion (11.5 trillion won), a record high and a year-on-year increase of more than 32%. The result was driven by a boom in AI chip demand and a recovery in high-end memory pricing.
Driven by AI demand, global memory chip makers SK Hynix and Micron both surpass $1 trillion market cap, marking a new milestone in AI infrastructure investment.
Sony Announces $3 Billion Buyback Amid Memory Price Pressure Sony Group announced a $3 billion share buyback program. Its semiconductor division faces pressure from declining memory chip prices. Despite slowing PlayStation growth, Sony maintains its double-digit profit growth forecast.