Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
The company said AI server demand and tight memory supply drove its first quarterly operating profit above 100 trillion won.
- On Thursday, October 8, 2026, Samsung Electronics projected a record third-quarter operating profit of 107.4 trillion won , surpassing 100 trillion won for the first time in company history as revenue rose 127% to 195 trillion won.
- Surging demand for high-bandwidth memory chips used in AI infrastructure drove the jump, as tight supplies of DRAM and NAND chips continued to outstrip supply growth expected to persist into 2027.
- Revenue likely rose 127% from a year earlier, marking Samsung's fourth consecutive quarter of record operating profit and beating the LSEG SmartEstimate consensus from 21 analysts weighted toward stronger track records.
- Despite semiconductor gains, Samsung's mobile business posted a larger-than-expected loss of more than $1 billion in the quarter as rising component costs squeezed margins in finished product divisions.
- Analysts expect the memory supply imbalance to persist into 2028, though Chinese competitors are expanding capacity and potential volatility remains regarding the durability of the AI spending boom.
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With a record operating profit, thanks to the worldwide boom in the demand for semiconductors for artificial intelligence, Samsung predicts the volume of business to grow to 130.18 billion euros.
The boom in artificial intelligence drives demand for memory chips. Nevertheless, investors are disappointed.
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Samsung flags $80 billion profit on AI boom
Samsung Electronics has projected its quarterly profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.
The world's largest memory chip manufacturer reported preliminary data on record results.
Driven by the surge in semiconductor prices and explosive demand related to artificial intelligence, Samsung Electronics expects a dizzying leap of more than 780% of its operating profit in the third quarter. ...
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