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Samsung Projects Q4 Profit to Triple on AI Memory Boom

Samsung Projects Q4 Profit to Triple on AI Memory Boom

Author:

Global Cryptocurrency

Published:

2026-01-08 12:20:02

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BTCCSquare news:

Samsung Electronics anticipates operating profit to surge nearly 200% year-over-year, reaching 20 trillion won ($13.8 billion) in Q4 2023. The rally stems from soaring demand for high-performance memory chips tailored for AI applications, with consolidated sales projected at 93 trillion won ($64.4 billion).

The supply crunch intensifies as Nvidia and other chipmakers compete for limited memory capacity. Market analysts note this could eclipse Samsung's 2018 record of 17.6 trillion won ($12.2 billion) in quarterly profit. Production shifts toward AI-optimized chips have exacerbated shortages in consumer electronics components.

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