Samsung logs best-ever profit on AI chip demand
The Hindu
Samsung Electronics posted record quarterly profits Thursday, riding massive market demand for the memory chips that power artificial intelligence.
South Korean tech giant Samsung Electronics posted record quarterly profits Thursday, riding massive market demand for the memory chips that power artificial intelligence.
A global frenzy to build AI data centres and develop the fast-evolving technology has sent orders for advanced memory microchips soaring.
That is also pushing up prices for less flashy chips used in consumer electronics, threatening higher prices for phones, laptops and other devices worldwide.
In the quarter to December 2025, Samsung said it saw "its highest-ever quarterly consolidated revenue at KRW 93.8 trillion (US$65.5 billion)", a quarter-on-quarter increase of nine percent.
"Operating profit was also an all-time high, at KRW 20.1 trillion," the company said.
The dazzling earnings came a day after a key competitor, South Korean chip giant SK hynix, said operating profit had doubled last year to a record high, also buoyed by the AI boom.
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