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Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom

Samsung Electronics has forecasted a record preliminary third-quarter operating profit of 107.40 trillion won, equivalent to roughly $80 billion, driven by surging global demand for artificial intelligence hardware. This milestone marks the first time a technology company has projected a quarterly profit topping 100 trillion won, reflecting a nearly nine-fold earnings increase year-over-year. The semiconductor division led the windfall, capitalizing on the artificial intelligence memory boom, while latest folding mobile devices launched in August also provided a boost.

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  • ✓ Samsung Electronics estimated its third-quarter operating profit at 107.4 trillion won, or about $80 billion.
  • ✓ The preliminary third-quarter earnings guidance was reported on Thursday.
  • ✓ The projected earnings represent a nearly nine-fold jump and a world first for a technology company topping 100 trillion won.
  • ✓ The profit surge is attributed to booming demand for artificial intelligence chips and strong memory sales.
🛡️ Source Corroboration: 16 independent reporting domains (100% confidence) ⏱ Read time: ~2 min

What changed

Samsung released its preliminary third-quarter earnings guidance on Thursday, formally projecting operating profit to exceed 100 trillion won for the first time in company history.

Live updates

  1. Samsung Projects Record $80 Billion Third-Quarter Profit

    Samsung Electronics has forecasted a record preliminary third-quarter operating profit of 107.40 trillion won, equivalent to roughly $80 billion, driven by surging global demand for artificial intelligence hardware. This milestone marks the first time a technology company has projected a quarterly profit topping 100 trillion won, reflecting a nearly nine-fold earnings increase year-over-year. The semiconductor division led the windfall, capitalizing on the artificial intelligence memory boom, while latest folding mobile devices launched in August also provided a boost.

    Why it matters

    The extraordinary earnings forecast highlights the intense global appetite for advanced memory chips required to power artificial intelligence infrastructure. Despite the memory sector windfall, Samsung faces a stark internal divergence as its foundry business trails competitor TSMC and its mobile division grapples with soaring component costs. Meanwhile, broader chip stocks have experienced corrections on public markets alongside foreign net selling trends in South Korea.

    What is confirmed

    • Samsung Electronics estimated its third-quarter operating profit at 107.4 trillion won, or about $80 billion.
    • The preliminary third-quarter earnings guidance was reported on Thursday.
    • The projected earnings represent a nearly nine-fold jump and a world first for a technology company topping 100 trillion won.
    • The profit surge is attributed to booming demand for artificial intelligence chips and strong memory sales.

    Still unconfirmed

    • Samsung is reportedly using HBM4 supply as leverage to win the AMD chip manufacturing business.

    What to watch next

    • TSMC earnings release scheduled for October 15, 2026.
    • Further developments regarding Samsung securing the AMD chip manufacturing business using HBM4 supply.
    Sources used for this update (18)
    1. CNBC — Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
    2. Reuters — Samsung Q3 profit jumps nearly nine-fold as AI memory boom lifts chip earnings
    3. Samsung Global Newsroom — Samsung Electronics Announces Earnings Guidance for Third Quarter 2026
    4. Bloomberg.com — Samsung Reaches New Profit Record With Memory Chip Windfall
    5. Financial Times — Samsung quarterly profit surges to $80bn on AI chip demand
    6. BBC — AI chip boom pushes Samsung profits to record $80bn
    7. www.rte.ie — Samsung flags $80 billion profit on AI boom
    8. www.usfunds.com — Oil Tanker Rates Top $1 Million a Day as Shipping Profits Soar - USFunds
    9. startupfortune.com — Chip stocks sink into a correction even as Samsung posts record profit
    10. www.sammyfans.com — Samsung memory business drives record profit, but Foundry trails TSMC’s growth
    11. www.sammyfans.com — Samsung using HBM4 supply as leverage to win AMD chip manufacturing business
    12. www.cnbc.com — Samsung forecasts record third-quarter profit of $80 billion ...
    confidence 100%
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