breaking operating profit on soaring AI memory chip demand

Samsung Electronics reported record quarterly revenue of 195.2532 trillion won and operating profit of 107.4405 trillion won, driven by strong demand for high-bandwidth memory (HBM) and AI-related semiconductors. The Device Solutions division saw a 99.5% year-over-year profit surge. Samsung secured multi-year supply contracts and plans to expand production. Despite strong performance, shares fell over 4%, possibly due to investor expectations.

Samsung Electronics reported a significant increase in Q3 operating profit (107.44 trillion KRW) and revenue (195.25 trillion KRW), driven by strong memory demand. The company expects AI-driven memory demand to exceed supply by 2027. Despite the growth, shares dropped 4.6% in South Korea.

Samsung Electronics (005930.KS) reported Q3 net profit below expectations, despite revenue and operating profit beats. UBS cut its KOSPI target. Asia-Pacific stocks fell, with tech sectors leading declines. U.S. tech stocks also dropped in after-hours trading. The Fed kept rates unchanged but hinted at potential hikes.

Samsung Electronics reported record Q3 2026 revenue and operating profit, driven by strong Memory segment performance. According to the company, demand for HBM4 and AI infrastructure investments, along with supply constraints, supported the outlook. However, rising component costs and currency effects pose challenges. Samsung plans to increase capital expenditure and shareholder returns by 2026.

Samsung, SK Hynix, and Micron report sold-out memory chip inventory through 2027, driven by AI demand. Samsung's Q3 operating profit surged 782.5% YoY to $80.1B. KB Securities forecasts HBM prices to rise 100-150% YoY. The trio controls nearly all HBM supply, crucial for AI accelerators.

Asian stocks fell Thursday as Alphabet (GOOGL) and Samsung (005930) reported disappointing results, dragging down tech shares. Alphabet shares dropped 10% after reporting weak earnings and heavy AI spending. Samsung shares fell 6% despite record earnings, missing semiconductor profit expectations. Investors await earnings from Amazon and Intel for AI investment clues. U.S. stock futures also declined, with Nasdaq 100 Futures down 1.5%.