From CNBC, January 28:
- Samsung posts record quarterly profit as AI-driven memory demand tightens supply.
- Results beat estimates and top Samsung’s own guidance for the quarter.
- Samsung’s memory business fuels earnings, driven by market price surge and HBM demand.
Samsung Electronics reported an over threefold surge in fourth-quarter profits on Thursday, hitting a new record and beating analysts’ estimates, as a memory chip shortage and strong demand for artificial intelligence servers lifted earnings.
Shares of Samsung Electronics rose 2.58% at the open on Thursday before reversing course, falling 1.54% in morning trade.
Here are Samsung’s fourth-quarter results compared with LSEG SmartEstimate, which is weighted toward forecasts from analysts who are more consistently accurate:
- Revenue: 93.8 trillion Korean won ($65.58 billion) vs. 93.318 trillion won expected
- Operating profit: 20.1 trillion won vs. 20.018 trillion won expected
The South Korean technology giant’s quarterly revenue rose about 24% from a year earlier to hit a new record. Meanwhile, its operating profit climbed over 200% year over year....
....MUCH MORE
Previously:
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"
And related:
With More U.S. Tariff Clarity Big Money Into Korean Domestic Investment (hundreds of billions USD equiv.)
"Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing"
"Nvidia to supply more than 260,000 Blackwell AI chips to South Korea"
Big Money: "Micron commits $24B to Singapore as AI memory crunch bites" (MU)
"The Chinese Company Taking On the World’s Memory-Chip Giants"
