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Samsung Projects Record $80 Billion Profit Driven by Global AI Boom
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Moneycontrol•08-10-2026, 18:00
Samsung Projects Record $80 Billion Profit Driven by Global AI Boom
- •Samsung Electronics projected a record quarterly operating profit of 107.4 trillion won, marking a world first for any tech company.
- •The massive earnings jump is fueled by surging global demand for AI chips and memory sales amid a deepening chip shortage.
- •Despite the record profit forecast, Samsung shares slipped slightly amid investor concerns regarding currency appreciation and the sustainability of the AI boom.
- •The memory chip boom has driven up component costs, causing Samsung's mobile business to post a larger-than-expected loss of over $1 billion.
- •Detailed financial results, including division breakdowns, are scheduled to be released by Samsung on October 29.
Key Questions Answered
Samsung estimated a record-breaking operating profit of 107.4 trillion won ($80.17 billion) for the July-September third quarter, marking its fourth straight quarter of record operating profit driven by the AI boom.
While the memory chip boom drove massive company profits, rising component costs and surging chip prices put heavy pressure on Samsung's other sectors, resulting in a larger-than-expected mobile business loss of over $1 billion in the third quarter.
Samsung announced that it will release its detailed third-quarter results, including a complete breakdown of earnings by business division, on October 29.
