AI Memory Boom Drives Samsung's Profits Nearly Ninefold, But Stock Price Falls
2026-10-09 05:31:23
CoinMeta data: Samsung Electronics expects its operating profit in the third quarter to reach 107.4 trillion Korean won (about $80.2 billion), a year-on-year increase of about 783%. Nevertheless, Samsung's stock price fell after the announcement, and investors are questioning how long this growth can continue. This surge in profits is mainly due to the increased demand for memory chips required for artificial intelligence infrastructure. Samsung's market share in high-bandwidth memory ( HBM ) is expected to rise from 20% to 34%. However, analysts have lowered their profit forecasts for Samsung due to concerns about the appreciation of the Korean won and future chip pricing.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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