Samsung forecasts €69.2bn quarterly operating profit as AI memory demand lifts earnings
AI · Friday, October 9, 2026 · 10 sources

Samsung forecasts €69.2bn quarterly operating profit as AI memory demand lifts earnings

Samsung Electronics forecast third-quarter operating profit of 107.4 trillion won (€69.2bn; $80.17bn), nearly nine times the year-earlier figure and its fourth consecutive quarterly record. The company attributed the rise to demand for memory chips used in AI infrastructure; its full results and business breakdown are due on 29 October.

Bottom line — Samsung’s 107.4 trillion won forecast is preliminary; the company’s 29 October report will show how much came from semiconductors.

Go deeper 6

  1. Samsung estimated revenue at 195 trillion won (€125.6bn; $145.6bn), up 126.6% year on year.

  2. The estimate slightly exceeded LSEG’s 106.1 trillion won operating-profit forecast, according to Reuters.

  3. TrendForce expects conventional DRAM contract prices to rise 10% to 15% in the fourth quarter, slower than the previous quarter’s roughly 60% surge, Reuters reported.

  4. Reuters reported that analysts expect Samsung’s mobile business to have lost more than $1bn (€0.86bn) as memory-chip costs rose.

  5. Samsung’s foundry business is expected to remain loss-making because of fixed costs and low utilisation, analysts told Reuters.

  6. Samsung shares fell 2.4% on the day of the forecast and remained more than a quarter below their June peak, according to the Financial Times.

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dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

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Last generated: Oct 9, 6:13 PM UTC by wreetco

dstld. Your daily news summary designed to surface the news that matters from a European perspective. Curated by humans, summarized by AI - always with links back to the original reporting.

Links · Contact
Popular topics · WorldEuropeGamesAI
Last generated: Oct 9, 6:13 PM UTC by wreetco