Mmastodon TechnologySemiconductors first seen 18 h ago, last 16 h ago, peak #6

Samsung expects Q3 operating profit to surge nearly nine-fold on AI memory demand

Original: Samsung expects Q3 operating profit to jump nearly nine-fold to an estimated 107.4 trillion won ($80.17B) as the AI memo

Samsung forecasts third-quarter operating profit of an estimated 107.4 trillion won ($80.17 billion), a nearly nine-fold jump from a year earlier, driven by booming demand for AI memory chips that outstrips supply. Revenue is projected to rise 127% year-over-year, with spending on AI infrastructure delivering outsized profits for the company's semiconductor division.

Why now: The scale of the profit jump highlights how the AI infrastructure boom is transforming chipmakers' earnings right now.

Samsungsemiconductor division

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• Samsung expects Q3 operating profit to jump nearly nine-fold to an estimated 107.4 trillion won ($80.17B) as the AI memory boom outstrips supply. Revenue is projected to rise 127% year-over-year. AI infrastructure spending generates massive profits for the semiconductor arm,… · zubiqo

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