Business

Samsung Hits $1 Trillion Valuation on AI Rally

Updated 2026-05-06 01:30 UTC 1 source Positive

Samsung’s stock price surged over 10% as the company reported an eightfold increase in first-quarter operating profits, lifting its valuation to $1 trillion. The rally is driven by strong performance in the AI sector.

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CNBC

Samsung hits $1 trillion valuation as AI rally lifts shares over 10%

The rally comes after the company reported an over eightfold increase in first-quarter operating profits last week.

2026-05-06 01:23 UTC