Samsung Electronics expected to post nine-fold Q3 profit jump on AI demand

Share

Samsung Electronics is expected to report third-quarter 2026 operating profit of around 106.1 trillion won, nearly nine times the 12.17 trillion won posted a year earlier, driven by demand for high-bandwidth memory chips used in artificial intelligence. The chip division is forecast to post operating margins of 72-76%, with consensus revenue at 199-202 trillion won. Samsung would become the first South Korean company to surpass 100 trillion won in quarterly operating profit. Its HBM market share rose from 21% in Q1 to 33% in Q2 2026, while HBM4 sales are expected to triple sequentially. Analyst forecasts have been cut by 7.7-8% since late August due to the stronger South Korean won and moderating memory chip price increases.

Source: Read the original article

Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

Read More

Items