Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
- 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.
85 Articles
85 Articles
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. ...
Samsung Projects Record $80B Quarterly Profit as AI Chip Boom Fuels Memory Sales
SEOUL: Samsung Electronics on Thursday 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 chipmaker estimated an operating profit of 107.4 trillion won ($80.17 billion) for the July-September period, slightly ahead of an LSEG SmartEstimate of 106.1 trillio…
Samsung's Profits Surged Ninefold to 107 Billion Won, Driven by the AI Trend and Soaring Chip Sales.
Samsung Electronics expects third-quarter operating profit to surge ninefold year-on-year to 107.4 trillion won, driven by massive increases in demand for memory chips for artificial intelligence (AI) data centers.
Samsung expects 780% quarterly operating profit jump on AI boom
The South Korean giant is the world's largest maker of memory chips -- components now in huge demand as advanced types are snapped up for use in data centres powering artificial intelligence. It estimated July-September operating profit at 107.4 trillion won ($80.1 billion), up 782.5 percent on-year, according to a company statement. That would mark the first time a South Korean company has surpassed 100 trillion won in quarterly operating profi…
Coverage Details
Bias Distribution
- 47% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
