Samsung Electronics on Thursday report say im third-quarter preliminary operating profit na 107.40 trillion won, wey be around $80.2 billion. Di profit pass 100 trillion won for di first time for di company history as AI demand continue to push im chips business.
Projected quarterly operating profit na 782% higher than di same time last year. Revenue forecast for di quarter na about 195 trillion won, up nearly 127% from di same period last year.
But Samsung shares drop 0.7% on Thursday morning.
Josh Gilbert, lead analyst for APAC at investment platform eToro, talk say: ‘Samsung has delivered a record profit and still fallen short of expectations, which tells you just how demanding the AI trade has become.’ He also talk say: ‘When expectations are so high for memory makers, the market doesn’t hand out points for effort.’
Gilbert talk say with AI spending dey drive demand for memory and supply remain tight, di larger story of di chip sector still dey intact. He point to growth of AI agents wey fit consume far more memory than chatbot wey dey answer one question.
He add say: ‘Memory buyers are also committing to multiyear supply agreements, giving Samsung greater visibility over demand in a business where investors have always worried about the next downturn.’
For di second quarter, di company post record revenue of 171.5 trillion won and record operating profit of 89.5 trillion won, driven by im memory business. Di company also step up investments and partnerships tied to AI.
In September, Samsung announce a strategic partnership with French artificial intelligence startup Mistral AI, with plans to deploy di startup AI models across im semiconductor operations.
Samsung is expected to release im full third-quarter earnings, including a breakdown by business division, later this month.
Korea, October 8, 2026: Samsung Electronics announce im earnings guidance for di third quarter of 2026. For Samsung official earnings guidance wey dem announce, consolidated sales na approximately 195 trillion Korean won. Consolidated operating profit na approximately 107.40 trillion Korean won. Dem talk say di above estimates based on K-IFRS.
Dem note say Korean disclosure regulations no allow earnings estimates to be offered as a range. To comply with such regulations, di above figures represent di median of di estimate ranges provided below. Sales range na 194 trillion to 196 trillion Korean won. Operating profit range na 107.3 trillion to 107.5 trillion Korean won.
