Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
The company said memory-chip demand from AI infrastructure pushed quarterly revenue to 195 trillion won and lifted operating profit above 100 trillion won for the first time.
- On Thursday, Samsung Electronics shares closed lower despite the Korean chipmaker estimating a record third-quarter operating profit of 107.4 trillion won. Shares have fallen about 30 percent from their June peak.
- Foreign investors have been net sellers for eight consecutive sessions since Sept. 28, while institutional investors also offloaded shares. Retail investors continued buying during the session.
- Douglas Kim of Douglas Research Advisory said investors were disappointed by Samsung Electronics' announcement of "just" 30 trillion won in dividends and 15 trillion won in share buybacks. Kim argued for greater buyback allocation.
- Puckrin, cross-asset analyst and founder of Coin Bureau, warned that "the insane returns investors have enjoyed so far are likely a thing of the past." Market sentiment remains skeptical despite record earnings.
- Sanjeev Rana, head of North Asia semiconductor research at CLSA, contends "this memory upcycle is bigger than all the previous cycles" and will last longer as supply catches demand. This contrasts with near-term skepticism.
196 Articles
196 Articles
Kreiszeitung
The world's largest storage chip manufacturer has increased its profits in the third quarter. No other tech group can keep up with this.
South Korea's Samsung expects record profit as AI chip demand surges
Credit: T - Unsplash CroppedSamsung Electronics (KRX: 005930) expects third-quarter operating profit to have jumped 782.5% year on year to KRW107.4 trillion, as artificial intelligence drives a worldwide memory chip shortage and pushes up prices.
Samsung Electronics reported a record operating profit of $80.1 billion for the third quarter of 2026. The record result was due to an increase in chip memory prices against the background of the rapid development of AI infrastructure.
South Korea-based electronics company Samsung Electronics achieved a record-breaking operating profit of 107.4 trillion Korean won (approximately $80.2 billion) in the third quarter of 2026, thanks to growing global demand for artificial intelligence chips.
Samsung profit rises on chip windfall
Samsung Electronics Co reported a nearly nine-fold rise in quarterly operating profit, although that was still shy of sky-high expectations elevated by relentless spending on artificial intelligence (AI) infrastructure.The world’s largest memorychip maker yesterday posted a record preliminary operat
Coverage Details
Bias Distribution
- 49% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
