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Samsung Projects Record Eighty Billion Dollar Profit Driven By AI Boom
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CNBC TV18•08-10-2026, 06:28
Samsung Projects Record Eighty Billion Dollar Profit Driven By AI Boom
- •Samsung Electronics projected a quarterly profit surpassing 100 trillion won, marking a world first for any technology company.
- •The company estimated an operating profit of 107.4 trillion won for the July to September period, driven by soaring demand for AI chips.
- •Third quarter revenue is expected to surge 127 percent to 195 trillion won compared to the previous year.
- •While memory chip sales are booming, rising component costs are squeezing margins for Samsung's smartphone and consumer electronics divisions.
- •Detailed financial results and a breakdown by business division will be officially released on October 29.
Key Questions Answered
Samsung Electronics estimated an operating profit of 107.4 trillion won ($80.17 billion) for the July-September period, driven by soaring memory sales from the AI boom.
Higher memory prices are driving up component costs for Samsung's smartphone and consumer electronics divisions, squeezing their profit margins.
Long-term growth is subject to uncertainties such as rising operational costs, expanding Chinese memory-chip competition, and potential US semiconductor tariffs.
