Samsung forecasts 19-fold jump in quarterly profit as AI chip demand lifts semiconductor prices

Samsung predicts a 19-fold quarterly profit surge as AI chip demand boosts semiconductor prices, driving strong revenue and investor confidence.

Samsung forecasts 19-fold jump in quarterly profit as AI chip demand lifts semiconductor prices
Publish: 07.07.2026
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South Korea’s Samsung Electronics said it expects to report a 19-fold rise in operating profit for April–June, the company announced ahead of its full results later in July. The forecast covers the period from the start of April to the end of June and was released by Samsung as part of its routine pre-report guidance.

Samsung projected operating profit of 89tn won for the quarter, attributing the sharp increase mainly to strong global demand for artificial intelligence memory chips. The company is among the world’s largest semiconductor manufacturers and supplies chips to major technology firms including Nvidia and Google.

The firm said continued imbalance between demand and supply in the semiconductor market has pushed up prices, supporting the boost in profits. Samsung’s forecast would mark its third consecutive quarter of record operating profit if confirmed in the full earnings report.

Shares in Samsung have more than doubled since the start of the year, reflecting investor response to rising chip demand. South Korean rival SK Hynix has similarly seen strong gains, with its share price rising by over 200% this year.

Major South Korean companies routinely issue earnings forecasts ahead of detailed financial reports to guide investors. Samsung’s preliminary projection will be followed by an official earnings release later in July that will provide full financial details and any additional company comments.

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