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      <title>Samsung&#39;s 1,814% Profit Jump, Kioxia&#39;s 30x, and a Memory Sector That Sold Off Anyway</title>
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      <pubDate>Thu, 30 Jul 2026 00:00:00 +0000</pubDate>
      
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      <description>Samsung reported second-quarter revenue of roughly $118.1 billion, up 130% year over year and a shade under the $118.9 billion consensus, alongside operating profit of about $61.46 billion, up 1,814% against a $60.68 billion estimate. Revenue missed. Profit did not. The distance between those two facts is the entire memory cycle compressed into a single print: sales slightly more than doubled while operating income went up eighteen-fold, which is only arithmetically possible when the incremental bit sells at a price the cost base was never built to justify.</description>
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