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Samsung Sets All-Time Profit Record on AI Memory Surge

The chip windfall shows buyers are locking in scarce high‑bandwidth memory with long‑term deals.

Overview

  • Samsung reported Thursday revenue of 133.9 trillion won, operating profit of 57.2 trillion won, and net profit of 47.2 trillion won, each a quarterly record.
  • The chip unit produced 53.7 trillion won in operating profit, about 94% of the total, as AI data centers drove up demand and prices for high‑bandwidth memory and DRAM.
  • Samsung said it began commercial shipments of its HBM4 chips for Nvidia’s Vera Rubin platform and plans to send HBM4E samples in the second quarter.
  • The company disclosed multi‑year binding supply contracts with customers and said it will lift capital spending to expand wafer and memory capacity.
  • Unions have threatened a May 21 to June 7 general strike that could hit chip output, while higher component costs squeezed profits in the mobile and display businesses.