US EditionSamsung flags eight-fold jump in Q1 profit as AI chip demand drives up prices
The company said revenue rose 68% to 133 trillion won as cloud customers boosted orders for high-bandwidth memory and conventional DRAM.
- On Tuesday, Samsung Electronics provided first-quarter earnings guidance predicting a record 57.2 trillion won in operating profit, driven by a global surge in artificial intelligence chip demand.
- Explosive demand for HBM chips has triggered shortages across the memory market, prompting Samsung to increasingly shift production toward high-bandwidth memory used in artificial intelligence accelerators.
- Revenue climbed 68 percent to 133 trillion won, while operating profit jumped 755 percent from a year earlier. These results nearly triple the previous record quarterly operating profit of 20 trillion won.
- Shares of Samsung jumped 5% in pre-market trading on Tuesday, shaking off concerns that regional conflicts might dampen AI hardware spending. Analysts described the guidance as a "super surprise" outpacing consensus.
- Citigroup forecasts annual operating profit of 310 trillion won for 2026, citing sustained artificial intelligence inference demand. Contract DRAM prices are reportedly being negotiated at more than a 30 percent increase for the second quarter.
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Samsung benefits from the AI boom like hardly any other company. However, the stock has fallen since mid-March due to fears of supply shortages and tough competition. What's next?
Samsung Electronics has increased its operating profit in the first quarter and exceeded analyst expectations by more than a third. However, the Iran war threatens to supply a raw material essential for chip production.
[Editorial] The semiconductor supercycle is a golden time for improving the economic structure. Samsung Electronics posted better-than-expected results in the first quarter of this year, with sales of 133 trillion won and an operating profit of 57.2 trillion won. In just three months, it surpassed last year's annual operating profit of 43.601 trillion won. The quarterly operating profit of 57 trillion won follows Apple and Nvidia.
All the world is crashing on AI. Chip manufacturers are hardly behind in production, which means high prices. The South Korean technology group reports a historical profit for the first quarter of the year. Analysts see this as just the beginning.
Samsung posted more profits in the first quarter than in the whole of last year. The electronics group benefits from the ongoing AI boom and expects record figures – unlike the US rival Apple.
Samsung Apologized Last Year For Lagging In AI Chips, Now The Company Eyes Record Profit Of Nearly $38 Bi
Samsung Electronics is set to deliver a record nearly $38 billion quarterly profit, driven by surging memory chip prices amid the AI boom. Importance Rank: 1
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