Samsung Signals Strong Q3 Rebound as Chip Demand Recovers
Samsung Electronics anticipates its highest third-quarter profit in three years, with operating profit expected to surge 32% year-over-year to 12.1 trillion won ($8.48 billion). Revenue projections of 86 trillion won, up 8.7%, exceed analyst forecasts, driven by robust demand for DRAM and NAND chips in AI servers and hyperscaler data centers.
The resurgence in memory chip demand underscores Samsung's recovery trajectory, though it lags behind rivals like SK Hynix in high-bandwidth memory supply for clients such as Nvidia. Strategic investments and CEO Han Jong-hee's focus on AI and semiconductor deals aim to narrow the gap.
Market Optimism hinges on Samsung's ability to scale AI-ready chip production, with hyperscalers and AI workloads fueling inventory restocking and price momentum. Full quarterly results later this month will provide further clarity.
