SK Hynix third-quarter profit sharply beats estimates on AI memory boost
The company said AI-memory demand drove revenue and profit to records, while a buyback-and-dividend plan lifts total shareholder returns to about 100 trillion won.
- 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.
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South Korean manufacturer fires revenue thanks to AI, but warns that memory will continue to be missing to meet global demand for the next four years
Samsung warns memory chip shortage will worsen in 2027, expects tight supply till 2028
Samsung has warned that the global memory chip shortage will worsen in 2027 and persist into 2028. Surging AI demand could tighten consumer chip supplies and increase smartphone and laptop prices.
The race for artificial intelligence continues to drive the results of semiconductor manufacturers. SK hynix, one of the world’s leading memory providers for AI systems, recorded an operating profit of 83.33 billion won in the third quarter of 2026, about $62,800 million, representing an annual increase of 632%. Revenues reached 104.62 billion won, 328% more than in the same period of the previous year and 32% more than in the previous quarter. …
South Korea's chipmakers bank record AI profits as markets wobble
Credit: Unsplash - BoliviaInteligenteSamsung Electronics booked the biggest quarterly operating profit in its history on October 29, yet the AI spending behind the result looks shakier than it did a month ago.
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