Samsung's Record Quarter: AI Drives Chip Demand Surge

Samsung Electronics has announced a significant 32.5% increase in its operating profit for the third quarter, spurred by a resurgence in demand for computer memory chips. This growth, largely attributed to advancements in artificial intelligence, is anticipated to continue in the coming months.

The South Korean technology leader achieved a new milestone in quarterly revenue, reaching 86 trillion won—approximately USD 60.4 billion—between July and September. This was driven by heightened sales of semiconductors and smartphones.

Looking forward, Samsung expects AI-driven demand to expand market opportunities. Its semiconductor division posted an operating profit of 7 trillion won, with strong sales in high-bandwidth memory chips crucial for AI applications. Meanwhile, Samsung continues to innovate, with its high-bandwidth HBM3E chips already in mass production and next-generation HBM4 samples on their way to clients.