Memory: "Samsung flags eightfold jump in Q1 profit as AI chip demand drives up prices"

From Reuters, April 7:

• Samsung estimates 57.2 trillion won in Q1 operating profit vs 6.7 trillion won year earlier
• Analysts estimate 40.6 trillion won in Q1 operating profit
• Chipmakers struggle to keep ​up with demand from AI data centres

SEOUL, April 7 (Reuters) - Samsung Electronics (005930.KS), on Tuesday projected a record-high first-quarter profit, up more than eightfold from a year earlier and well above expectations as booming demand for artificial intelligence infrastructure ​caused supply bottlenecks and drove chip prices higher.

The world's largest memory chipmaker ​estimated an operating profit of 57.2 trillion won ($37.92 billion) for the ⁠January to March period, compared with an LSEG SmartEstimate of 40.6 trillion ​won and a more than eight-fold jump from 6.69 trillion won a year earlier. 

The ​preliminary results nearly triple Samsung's previous record quarterly operating profit of 20 trillion won, reached in the fourth quarter last year....

....MUCH MORE 

If interested see also: 

January 3 - "AI data centers are swallowing the world's memory and storage supply, setting the stage for a pricing apocalypse that could last a decade" 

January 5 - "Memory chipmakers rise as global supply shortage whets investor appetite"

January 7 -  Memory: "Samsung bulls bet record earnings will extend US$350b rally" (005930:Korea)

January 12 - Chips: "While you pay through the nose for memory, Samsung expects to triple its profits in Q4"

January 28 - Memory: Samsung’s profit triples, beating estimates...

January 30 - Memory: "Do It Now: Industry Insiders Urge Consumers To Front-Run PC, TV, Smartphone Purchases As 'Memory Crunch' Will Intensify"

February 24 - Chips: "Samsung, SK Hynix Drive Korea Benchmark’s Breakthrough Past 6000"

February 27 - Inflation: "Smartphone market set for biggest-ever decline in 2026 on memory price surge, IDC says"

March 2 - Memory: "The inflation spark that could become a deflation shock?" 

March 2 - “'Entry-Level PC Segment Will Disappear by 2028,' Says Gartner, as Soaring Memory Costs Start to Cripple Manufacturers"

March 3 - Thanks for the Memories: "South Korea’s Kospi plunges 12% amid broader declines in Asia markets as Iran conflict rages" 
The index, which has been driven by the memory chip makers, Samsung Electronics Co. and SK Hynix Inc. et al., up over 145% from March 2025 to the February 25, 2026 peak is now down 10% on the day, March 4th.

March 18 - Memory: Shortage Could Last Five Years, It's The Wafers