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Samsung reports record third-quarter operating profit fueled by AI chip demand

Samsung Electronics posted record third-quarter results driven by booming demand for artificial intelligence memory chips, with operating profit climbing 783% year over year to approximately $80.5 billion.

A large illuminated Samsung logo above an exhibition booth with people walking in the foreground.
Image: @StockMKTNewz

Samsung Electronics reported a record third-quarter operating profit of 107.4 trillion Korean won, or approximately $80.5 billion, representing a 783% increase from the prior year, according to reports from Korean outlet Asia Economy and CNBC. News organizations including Reuters and SiliconANGLE attributed the surge to an ongoing boom in demand for artificial intelligence memory chips, with CNBC reporting that operating profits aligned broadly with analyst expectations.[1][3][4][5][6][7][8]

Quarterly revenue climbed 127% year over year to a record of roughly $146.3 billion, marking Samsung's fourth consecutive quarter of record earnings. Semiconductor operations generated around $79.4 billion of the operating profit, accounting for roughly 99% of the company total, while the smartphone and home appliance divisions logged minor losses, according to reporting by StockMKTNewz citing The Wall Street Journal. Net profit arrived at $56.0 billion, falling short of the $64.2 billion consensus estimate, as the Economic Times noted persistent investor jitters surrounding the artificial intelligence sector.[2][3][5][9]

Key facts

  • Samsung Electronics' third-quarter operating profit rose 783% year over year to 107.4 trillion won, or about $80.5 billion.
  • Third-quarter revenue reached a record of approximately $146.3 billion, representing a 127% increase year over year.
  • The earnings performance marked Samsung's fourth consecutive quarter of record financial results.
  • Samsung's chip division delivered roughly $79.4 billion in operating profit, making up approximately 99% of the corporate total, while mobile and appliance units posted small losses.
  • Quarterly net profit was $56.0 billion, falling short of analyst forecasts of $64.2 billion.
  • Operating profits were broadly in line with analyst projections amid strong demand for AI memory chips, though the Economic Times reported continued investor caution over AI.

Sources · 9 sources

  1. SI

    SiliconANGLE@SiliconANGLEPost on X ·

    Samsung confirms record-breaking operating profit on soaring AI memory chip demand https://t.co/3kA8yUiM5b

    Open source
  2. EV

    Evan@StockMKTNewzPost on X ·

    SAMSUNG JUST REPORTED ITS 4TH STRAIGHT QUARTER OF RECORD EARNINGS - Revenue: $145.5B, more than double a year ago - Operating profit: $80.1B, up nearly 9x - Net profit: $56.0B vs $64.2B est 🔴 Its chip division made ~$79.4B of operating profit, ~99% of the company's total, per WSJ. Its phone and home appliance businesses posted small losses.

    Open source
  3. TE

    TechmemeArticle ·

    Samsung reports Q3 revenue up 127% YoY to a record ~$146.3B and a record operating profit up 783% to ~$80.5B, both roughly in line with estimates (Jenny Lee/CNBC) Jenny Lee / CNBC : Samsung reports Q3 revenue up 127% YoY to a record ~$146.3B and a record operating profit up 783% to ~$80.5B, both roughly in line with estimates — - Samsung Electronics reported third-quarter earnings on Thursday, with operating profit broadly in line with analysts' estimates

    Open source
  4. RE

    Reuters@ReutersPost on X ·

    Samsung posts record profit in Q3 on AI chip boom https://t.co/6jc6CU2onH

    Open source
  5. TE

    Techmeme@TechmemePost on X ·

    Samsung reports Q3 revenue up 127% YoY to a record ~$146.3B and a record operating profit up 783% to ~$80.5B, both roughly in line with estimates (Jenny Lee / CNBC) (Visit Techmeme dot com for the link and full context!)

    Open source
  6. TS

    The Straits Times@straits_timesPost on X ·

    Samsung posts record profit in Q3 on AI chip boom https://t.co/L52HB6IRSU

    Open source
  7. CN

    CNBC@CNBCPost on X ·

    Samsung Electronics third-quarter profit in line with estimates amid rising demand for AI memory chips https://t.co/yYs8GVrAyv

    Open source
  8. 아시

    아시아경제@asiae_dailyPost on X ·

    [#속보]삼성전자 3분기 영업이익 107.4조…전년比 783％↑ https://t.co/ilbNqpu7FK

    Open source
  9. ET

    Economic Times@EconomicTimesPost on X ·

    Samsung logs record $80.5 bln profits despite investor AI jitters https://t.co/TLpI8dZZ5R

    Open source