Samsung and SK Hynix post record profits exceeding India Inc

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South Korean chipmakers Samsung and SK Hynix reported combined profits of $59.7 billion for the March 2026 quarter. The figure tops the aggregate earnings of all listed Indian companies in any previous quarter. Strong demand for memory chips tied to artificial intelligence drove the results.

The two firms achieved these record earnings amid rising global spending on AI infrastructure. Memory chips, essential components in data centers and advanced computing systems, formed the core of the profit surge.

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