Samsung Keeps Shattering Profit Records as AI Boom Lifts Chip Demand
Advanced memory sales and AI demand lifted the chipmaker’s quarterly operating profit to a record, though investors wanted more detail on shareholder returns.
- On Thursday, Samsung Electronics reported record third-quarter operating profit of 107.4 trillion won , fueled by surging demand for AI-related computer memory chips.
- Revenue for the July-September period reached an all-time high of 195.3 trillion won , marking the company's fourth consecutive quarter of record profit and revenue.
- Samsung and domestic rival Hynix announced plans in June to invest a combined 800 trillion won in a new chipmaking hub to capitalize on AI-driven demand.
- During the third quarter, Samsung Electronics and affiliates invested a combined $1 billion in KKR-backed Helix Digital Infrastructure while prioritizing advanced memory chips and DRAMs for AI servers.
- While Samsung expects AI-related chip demand to accelerate through 2027, South Korea's central bank warned the trade-dependent economy faces deepening risks from sector over-reliance and potential downturns.
84 Articles
84 Articles
The manufacturer of Samsung Electronics chips reported on Thursday a record net profit of 75.1 billion won (US$56.281 million) in the third quarter of 2026, thanks to the strong global demand of semiconductors in the midst of the rise of artificial intelligence (AI). The figure represents a year-on-year increase of 515%, compared to 12.2 million ... Continue reading "Samsung achieves record profits of more than US$56 billion to the third quarter…
Samsung Electronics achieved a net profit of 75.1 billion won (€50.544 million) in the third quarter of 2026, thanks to the boom in global demand for semiconductors for AI.
Driven by the AI-driven supercycle, Samsung Electronics posted an operating profit exceeding 106 trillion won in its semiconductor business alone during the third quarter of this year. The company set a new all-time record for the fourth consecutive quarter and became the first global big tech company to achieve profits in the 100 trillion won range. However, Samsung Electronics' overall operating
Samsung Electronics announced today Thursday that its operating profits rose almost nine times to the highest level ever in the third quarter, driven by strong demand for artificial intelligence chips.
The net profits of the South Korean corporation Samsung Electronics increased more than sixfold in the third quarter due to the record demand for memory chips for artificial intelligence. The net profits of the South Korean company between July and September were 75.13 trillion won ($56.2 billion), an increase of 514.6 per cent over the same period last year, Yonhap writes. Operational profits rose by 783.1 per cent to 107.44 trillion won, while…
Coverage Details
Bias Distribution
- 41% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
