Samsung hits record profit as AI chip sales surge drives global tech stocks higher

The AI chips powering it are selling faster than expected

Samsung Electronics reported a record quarterly profit, attributing the jump to strong demand for AI-critical chip sales. The earnings helped lift South Korea’s Kospi, which opened above 6,700, extending momentum after both Samsung and major US tech players delivered upbeat results. Investors are now closely watching whether the AI-driven chip boom can sustain margins.