{
  "id": 12742129,
  "title": "Samsung reaches new profit record with memory chip windfall",
  "url": "https://urgent.news/2026/10/07/samsung-reaches-new-profit-record-with-memory-chip-windfall",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T23:29:41.000Z",
  "source": {
    "name": "Free Malaysia Today",
    "slug": "free-malaysia-today-freemalays",
    "url": "https://www.freemalaysiatoday.com/category/business/2026/10/08/samsung-reaches-new-profit-record-with-memory-chip-windfall"
  },
  "original_language": "en",
  "account": "SEOUL: Samsung Electronics announced a record profit amid surging memory chip prices and increased investments in artificial intelligence infrastructure. The company's operating profit for the quarter ending September soared to approximately 107.4 trillion won (US$80.1 billion), more than eightfold compared to the previous year. Analysts had anticipated an operating profit of around 108.7 trillion won. Revenue for the period totaled 195 trillion won, falling short of expectations. Despite the record profit and high expectations, Samsung's revenue remained lower than anticipated. The remarkable figures and elevated expectations highlight the significant impact of the AI boom on Samsung, SK Hynix, and Micron Technology, as data center developers scramble to secure memory chips for their AI servers. Counterpoint Research has revised its forecast for third-quarter DRAM prices, projecting a 10% to 20% sequential increase, up from the previous forecast of 5% to 10%. This surge in demand and pricing power among suppliers underscores the transformative nature of the AI infrastructure buildout on Samsung's semiconductor business.",
  "summary": "AI spending boosted operating profit to about US$80.1 billion in the three months through September, more than eight times a year earlier.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Yonhap News",
        "title": "(LEAD) Samsung's Q3 operating profit reaches new high of 107.4 tln won",
        "url": "https://urgent.news/2026/10/07/lead-samsungs-q3-operating-profit-reaches-new-high-of-107-4-tln-won",
        "published": "2026-10-07T23:14:57.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "Samsung Q3 profit surges to record high, but misses lofty expectations",
        "url": "https://urgent.news/2026/10/07/samsung-q3-profit-surges-to-record-high-but-misses-lofty-expectations",
        "published": "2026-10-07T23:21:27.000Z"
      },
      {
        "outlet": "Free Malaysia Today",
        "title": "Samsung reaches new profit record with memory chip windfall",
        "url": "https://urgent.news/2026/10/07/samsung-reaches-new-profit-record-with-memory-chip-windfall-12742742",
        "published": "2026-10-07T23:29:41.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "Samsung Electronics 1st Korean firm to top W100 tril. in quarterly operating profit",
        "url": "https://urgent.news/2026/10/07/samsung-electronics-1st-korean-firm-to-top-w100-tril-in-quarterly",
        "published": "2026-10-07T23:32:03.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "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 (Yoolim Lee/Bloomberg)",
        "url": "https://urgent.news/2026/10/07/samsung-reports-preliminary-q3-operating-profit-up-782-yoy-to-80-1b",
        "published": "2026-10-07T23:35:01.000Z"
      },
      {
        "outlet": "The Business Times - Companies & Markets",
        "title": "Samsung reaches new profit record with memory chip windfall",
        "url": "https://urgent.news/2026/10/08/samsung-reaches-new-profit-record-with-memory-chip-windfall",
        "published": "2026-10-08T01:04:18.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}