Samsung Posts Record Profit As AI Memory Boom Drives Chip Surge

On Thursday, Samsung Electronics Co. (OTC:SSNLF) delivered its strongest quarterly performance ever as booming demand for artificial intelligence-driven memory and tight global chip supply pushed profits well beyond analyst expectations.
AI Memory Boom Powers Samsung's Historic Earnings Growth
The South Korean tech giant reported first-quarter revenue of 133.9 trillion won ($89.96 billion), surpassing LSEG estimates of 132.69 trillion won, while operating profit reached a record 57.2 trillion won, topping forecasts of 55.28 trillion won.
Operating profit surged more than 750% from a year earlier, exceeding Samsung's entire full-year 2025 profit of 43.6 trillion won, CNBC reported.
Revenue climbed about 70% year over year, marking the company's highest-ever quarterly sales.
Samsung's semico