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Samsung projects record quarterly operating profit of 107.4 trillion won on AI chip boom

Samsung Electronics estimated its third-quarter operating profit at 107.4 trillion won, becoming the first technology company to exceed 100 trillion won in operating profit in a single quarter.

Samsung corporate logo mounted on the exterior of a building under a blue sky.
Image: @analyticsinme

Samsung Electronics announced its preliminary third-quarter earnings guidance projecting an operating profit of 107.4 trillion won, equivalent to roughly $80 billion to $80.2 billion. The projection marks the highest quarterly operating profit ever reported by any technology company and makes Samsung the first tech company to top the 100 trillion won threshold in a quarter, according to reports from Reuters and the Financial Times.[13][15][4][7][11][2]

The results represent a nearly nine-fold year-over-year surge in operating profit, driven by surging memory chip prices and massive spending across the industry on artificial intelligence infrastructure. Samsung's revenue for the quarter is estimated at 195 trillion won, approximately $145.7 billion, representing a 127% increase year over year. RBC Brewin Dolphin analyst Janet Mui told Reuters that markets expect it will take years for semiconductor supply to catch up with surging demand.[1][3][5][8][9][10]

Despite the historic profit figure, Samsung shares fell 0.7% on Thursday morning, with Bloomberg's Anthony Stephens reporting that investor reaction was muted. Preliminary operating profit fell just shy of elevated consensus estimates of around $81.2 billion, and the company noted that a stronger South Korean won weighed on earnings.[15][12][1][5][13]

Key facts

  • Samsung Electronics projected a preliminary third-quarter operating profit of 107.4 trillion won ($80.17 billion to $80.2 billion), making it the first tech company to surpass 100 trillion won in a quarter.
  • The projected operating profit represents a nearly nine-fold increase (reported as roughly 782% to 783%) year over year.
  • Samsung estimated quarterly revenue at 195 trillion won (~$145.7 billion), up 127% year over year.
  • The Straits Times reported Samsung flagged profit as $95.7 billion, while other outlets cited approximately $80 billion.
  • Samsung stated that a stronger South Korean won weighed on quarterly earnings.
  • Samsung shares fell 0.7% on Thursday morning as results trailed elevated market expectations, leading to a muted investor response.

Sources · 10 sources

  1. BL

    Bloomberg@businessPost on X ·

    Samsung Electronics reported a nearly nine-fold rise in quarterly operating profit, though that was still just shy of sky-high expectations elevated by relentless spending on the AI infrastructure buildout. https://t.co/2ZNiXwwnzA

    Open source
  2. RE

    Reuters@ReutersPost on X ·

    Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company https://t.co/zkYNEjX5Eo https://t.co/zkYNEjX5Eo

    Open source
  3. BL

    Bloomberg@businessPost on X ·

    Samsung posted another record profit as surging memory chip prices and relentless spending on artificial-intelligence infrastructure boosted its earnings https://t.co/ZhT0FSrRfV

    Open source
  4. NA

    Nairametrics@NairametricsPost on X ·

    Samsung Electronics has projected a quarterly operating profit of 107.4 trillion won ($80.17 billion) for the July-September period, which would be the highest quarterly operating profit ever recorded by a technology company. https://t.co/0NEqvsAnB1

    Open source
  5. TE

    Techmeme@TechmemePost on X ·

    Samsung reports preliminary Q3 operating profit up 782% YoY to ~$80.1B, vs. ~$81.2B est., and revenue up 127% to ~$145.7B, lower than expected (@yoolimleenews / Bloomberg) (Visit Techmeme dot com for the link and full context!)

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  6. TS

    The Straits Times@straits_timesPost on X ·

    Samsung flags $95.7 billion profit on AI boom, highest quarterly for any tech company https://t.co/2u3ggkM8Sq

    Open source
  7. FT

    Financial Times@FTPost on X ·

    The South Korean memory-chip maker said it is the world’s first tech company to report more than Won100tn in quarterly operating profit, amid an industry-wide shortage of memory chips. https://t.co/KC2FH0SLdd https://t.co/uTtAK11lrC

    Open source
  8. BT

    Bull Theory@BullTheoryioPost on X ·

    BREAKING: 🇰🇷 Samsung forecasts a +783% jump in Q3 operating profit. The company expects a record ₩107.4 trillion ($80.2B) in operating profit, becoming the first tech company ever to surpass ₩100 trillion ($74.7B) in quarterly profit. Revenue is projected at a record ₩195 trillion ($145.6B), up 127% YoY as the AI boom sends memory chip demand soaring. Samsung is still down -28% from its highs despite the record Q2 and historic Q3 profit forecast.

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  9. LD

    Lark Davis@LarkDavisPost on X ·

    Samsung's Q3 guidance just dropped, and AI demand is carrying the day: • Operating profit: 107.4T won ($80.2B), up ~9x YoY • Beats consensus (106.1T won) • Revenue: 195T won (+127% YoY) The AI train isn't slowing down, and memory chipmakers have first-class tickets. https://t.co/I4BJ9DZHvc

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  10. RE

    Reuters@ReutersPost on X ·

    Samsung expects quarterly profits to surge eightfold to $80 billion. RBC Brewin Dolphin's Janet Mui says the market expects it to take years for chip supply to catch up with demand, meaning the outlook for chipmakers is bright https://t.co/yOq8HKlvPh

    Open source
  11. RE

    Reuters@ReutersPost on X ·

    Samsung projected that its quarterly profit would top 100 trillion won, a world first for a technology company, nearly nine times higher than a year earlier, as booming demand for AI chips drove strong memory sales https://t.co/udMrrQNzXg https://t.co/ZGmjqr6Ksr

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  12. BL

    Bloomberg@businessPost on X ·

    Samsung earned a nearly nine-fold rise in quarterly operating profit, yet investor reaction was muted, as Bloomberg's Anthony Stephens reports  https://t.co/JKmuZBrJEf https://t.co/CaxerFDaWS

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  13. TK

    The Korea JoongAng Daily@JoongAngDailyPost on X ·

    #Samsung Electronics estimated its July-September operating profit at 107.4 trillion won ($80.2 billion), topping 100 trillion won for a quarter for the first time despite the stronger won weighing on its earnings. https://t.co/trWFjtKs4x

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  14. CN

    CNBC@CNBCPost on X ·

    Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom https://t.co/TDCJLfLYgk

    Open source
  15. CN

    CNBC@CNBCPost on X ·

    Samsung Electronics on Thursday reported third-quarter preliminary operating profit of 107.40 trillion won ($80.2 billion), surging past 100 trillion won for the first time in the company’s history as booming demand for artificial intelligence continues to fuel its chips business. However, Samsung shares dropped 0.7% Thursday morning: https://t.co/a9oEOeta93

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