Samsung Electronics expects its profits to triple in the fourth quarter, driven by a sharp rise in memory prices fueled by booming AI demand. The company forecasts operating profit of about 20 trillion won and sales of roughly 93 trillion won, surpassing its previous record set in 2018.
Soaring demand for AI-related memory chips has led to supply shortages across the wider market, pushing prices up by as much as 40–50% late last year, with further increases expected in 2026. These conditions have strongly benefited memory leaders like Samsung, SK Hynix and Micron.
Samsung shares have surged over 145% in the past year, and the company is expected to focus heavily on expanding high-bandwidth memory production as it prepares to release its final earnings later this month.
Source: CNBC
