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Samsung Chip Profit Soars Nearly 50-Fold on Strong AI Demand

Samsung Electronics announced a nearly 50-fold increase in its chip profit, contributing to a record quarterly profit, largely fueled by surging global demand for AI chips. This trend is also impacting other memory chip makers like SK Hynix and Murata, who are reporting record supply shortages.

29 Apr, 23:58 — 30 Apr, 09:54
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Sources

Showing 11 of 20 sources
ReutersVery High2d ago

Samsung Electronics expects to win more customers for advanced logic chips - Reuters

Samsung Electronics expects to win more customers for advanced logic chips  Reuters

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cnbcMostly Factual2d ago

South Korea's Kospi clocks best month in 28 years as tech optimism triumphs over Iran war worries

The index's outsized gains have been driven largely by optimism around the artificial intelligence boom.

Read full article →
SCMPMostly Factual2d ago

Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars

Samsung Electronics and SK Hynix, South Korea’s two memory chip giants, are warning of a prolonged and severe global supply crunch, weeks after the two companies disclosed increased investments in their China wafer fabs to meet surging artificial intelligence demand. During Samsung’s first-quarter earnings call on Thursday, the company said its order fulfilment rate had plunged to a “record low”. In a rare move, customers worried about shortages were already pre-booking memory capacity for 20...

By Ann Cao

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straits-timesMostly Factual2d ago

Samsung sees robust AI demand after Q1 chip profit jumps almost 50fold - The Straits Times

Samsung sees robust AI demand after Q1 chip profit jumps almost 50fold  The Straits Times

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japan-timesMostly Factual2d ago

Murata beats profit estimates as AI data-center demand strains production

The company says it is struggling to catch up with runaway demand for its multilayer ceramic capacitors, sought by U.S. hyperscalers for artificial intelligence data centers.

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Korea HeraldMostly Factual2d ago

Samsung Electro-Mechanics profit jumps 40% on AI demand

Samsung Electro-Mechanics on Thursday posted first-quarter operating profit of 280.6 billion won ($189 million), up 40 percent from a year earlier and well above the 271.5 billion won analysts had expected, as demand for the high-end semiconductor substrates used in AI accelerators drove the strongest growth in the components maker's portfolio. Revenue rose 17 percent to 3.21 trillion won, beating the consensus of 3.09 trillion won. The profit growth came despite a 71.4 billion won one-off retir

By The Korea Herald

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channel-news-asiaMostly Factual2d ago

Samsung Electronics expects to win more customers for advanced logic chips

Read full article →
seeking-alphaMixed2d ago

Samsung Electronics Q1 profit jumps eightfold on AI chip demand

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korea-joongangMostly Factual2d ago

AI chip boom drives Samsung to historic $38.5B quarterly profit - Korea JoongAng Daily

AI chip boom drives Samsung to historic $38.5B quarterly profit  Korea JoongAng Daily

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RapplerMostly Factual2d ago

Samsung chip profit jumps almost 50-fold; Supply shortage to worsen in 2027

Samsung says January-March operating profit in its cash cow chip division reached a record 53.7 trillion won from just 1.1 trillion won in the same period a year earlier

By Reuters

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Daily SabahMixed1d ago

Samsung chip income soars nearly 50-fold for record quarterly profit

South Korean tech giant Samsung Electronics reported on Thursday a record quarterly profit driven by a 49-fold jump in chip income, but warned, however, that it expects a severe su...

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Coverage Timeline

First report: korea-joongang · 29 Apr, 23:58Full coverage: 20 · 10hWindow: 10h
Left-leaningCenterRight-leaning
korea-joongang29 Apr, 23:58First to report

AI chip boom drives Samsung to historic $38.5B quarterly profit - Korea JoongAng Daily

1h later
berlingske30 Apr, 01:20

Stor efterspørgsel på chips sikrer Samsung rekordoverskud

wsj30 Apr, 01:31

Google Profit Jumps 81% as Cloud Business Booms - WSJ

20-minuten30 Apr, 02:18

Samsung erzielt höchsten Gewinn seiner Geschichte

1h later
Reuters30 Apr, 03:23

Samsung Electronics expects to win more customers for advanced logic chips - Reuters

channel-news-asia30 Apr, 03:23

Samsung Electronics expects to win more customers for advanced logic chips

straits-times30 Apr, 03:57

Samsung sees robust AI demand after Q1 chip profit jumps almost 50fold - The Straits Times

der-standard30 Apr, 04:19

Samsung erzielt höchsten Gewinn in Unternehmensgeschichte

Korea Herald30 Apr, 05:01

Samsung Electro-Mechanics profit jumps 40% on AI demand

bloomberg30 Apr, 05:14

Murata Tops Profit Estimates on Rising AI Data Center Demand - Bloomberg.com

seeking-alpha30 Apr, 05:26

Samsung Electronics Q1 profit jumps eightfold on AI chip demand

hotnews30 Apr, 05:34

Profitul unei divizii Samsung a crescut brusc de 50 de ori, până la zeci de miliarde de dolari

japan-times30 Apr, 05:47

Murata beats profit estimates as AI data-center demand strains production

1h later
observador30 Apr, 07:16

Samsung multiplica lucros por seis no primeiro trimestre

cnbc30 Apr, 07:23

South Korea's Kospi clocks best month in 28 years as tech optimism triumphs over Iran war worries

politiken30 Apr, 07:57

Er Zuckerbergs nyeste påfund alligevel for vildt?

SCMP30 Apr, 08:30

Samsung, SK Hynix flag record supply squeeze in memory market as AI demand soars

Rappler30 Apr, 09:19

Samsung chip profit jumps almost 50-fold; Supply shortage to worsen in 2027

hvg30 Apr, 09:49

750%-os növekedés: brutális pénzt keresett a Samsung három hónap alatt

Daily Sabah30 Apr, 09:54Latest update

Samsung chip income soars nearly 50-fold for record quarterly profit