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Samsung's Q3 profit seen jumping nine-fold, but chip margins may be flat

Samsung's Q3 profit seen jumping nine-fold, but chip margins may be flat

Samsung Electronics is forecasted to announce a nearly nine-fold surge in third-quarter operating profit, fueled by high demand for artificial intelligence technology, although analysts have lowered projections by nearly 8 percent since late August. Despite steady gains in memory chip prices and a strengthening South Korean currency, the world's leading memory-chip producer anticipates operating profit of 106.1 trillion won ($79.1 billion) for the July-September quarter.

This surpasses the 12.17 trillion won recorded in the same period last year, marking Samsung's fourth consecutive quarter of record operating profit, highlighting a persistent memory shortage as AI infrastructure demand outpaces supply growth.

Written by urgent.news from Channel News Asia's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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