Samsung reports record quarterly profit on AI boomBloombergSamsung Electronics Co earned a far stronger-than-expected eightfold leap in quarterly profit, underscoring robust demand for artificial intelligence (AI) memory chips in the face of markets roiled by war in the Middle East. Samsung reported preliminary operating profit of 57.2 trillion won (US$38.2 billion) in the first quarter — up 755 percent to hit a record — versus analysts’ average projection for 39.3 trillion won. Revenue climbed to 133 trillion won, against the average estimate of 116.8 trillion won. The first-quarter operating profit dwarfs Samsung’s performance in other quarters and blew past the 43.6 trillion won the company generated in all of last year. For Samsung, Citigroup forecasts annual operating profit of 310 trillion won this year, saying it expects strong AI inference demand to sustain pricing.

Source: Taipei Times April 07, 2026 17:13 UTC