Samsung this morning reached a market value of $1.159 trillion, making it the second Asian company after TSMC to reach this value. The value of over 1 trillion was achieved after Samsung shares jumped almost 12% driven by a sharp increase in profits announced in the Q1 2026 financial report.
Samsung recorded an operating profit of 57.2 trillion won (~RM 153 billion) in Q1 2026, an increase of more than 750% compared to the same quarter last year. The company's revenue in the same quarter was 133.9 trillion won, an increase of 70%.
This very high increase in profits was driven by strong demand for HBM (High‑Bandwidth Memory) memory and browser memory for AI data centers. The memory produced by Samsung Semiconductors was sold at a premium price with large profit margins. Chip sales alone contributed 81.7 trillion won in revenue.
