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Friday 9 October 2026

Samsung expects record eighty billion dollar profit from strong memory chip demand

The company says AI needs are driving massive earnings despite higher costs for its consumer electronics.

9 Oct 2026

Samsung Electronics has shared preliminary figures indicating a peak in quarterly earnings.

The estimate reaches 107 trillion won, translating to approximately $80 billion in value.

This amount is nearly nine times greater than the profit recorded during the same time last year.

Sales revenue is also forecast to rise by over one hundred percent from twelve months ago.

The main driver for this growth is the surge in orders for artificial intelligence chips.

These chips power servers that train models, and demand has outpaced the available supply of memory.

A specific type called high-bandwidth memory is needed to process data for these advanced systems.

The shortage has pushed up costs, which creates a squeeze for Samsung's phone and appliance divisions.

Prices for new models went up by one hundred dollars in certain regions with Galaxy S26 sales.

Estimates from analysts suggested a lower number, but the company forecast beat those predictions.

Some reports say this is a record profit for any technology firm, while others call it a regional first.

The complete financial breakdown will be released on October twenty-nine to confirm the divisional results.

The Next Web , SiliconANGLE , Reddit Technology