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.
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182 Articles
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
AI Chip Boom Drives Samsung Profits To Record $80bn
Samsung Electronics is expecting a spectacular jump in quarterly profit. Powered by one thing the tech industry cannot seem to get enough of: memory chips for artificial intelligence.The South Korean giant forecasts operating profit of 107.4 trillion won (£61bn; $80bn) for the three months to September. That is roughly nine times higher than a year earlier and would mark its fourth straight quarter of record earnings.So what is driving the boom?…
Samsung Electronics has estimated for the third trimester of 2026 a operating profit record of 107,4 trillion won (about 79,8 billion dollars), in increase of 782,5% regarding the same period of the year precedence. (ANSA)
Memory crisis puts Samsung on track for the biggest quarterly operating profit in tech history
Samsung's preliminary guidance puts operating profit for July through September at 107.4 trillion won ($80.2 billion), compared to 12.17 trillion won ($9.1 billion) a year earlier. Revenue is expected to reach 195 trillion won ($145.6 billion), an increase of almost 127%.Read Entire Article
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