Samsung Just Made 40 Years of Profit in One Year. Here’s Why That Terrifies Me.
Samsung’s chip division is on track to make more profit in 2026 than it did in its entire 40-year history combined. This isn’t a story of manufacturing excellence—it’s a story of AI’s ‘memory tax.’ The real winners of the AI gold rush aren’t the algorithm builders or the GPU makers. They’re the oligopolists who control the physical bottlenecks. One year of AI demand has made four decades of industrial effort look trivial.