Samsung Set for Strongest Q3 Profit Since 2022 on Chip Boom

Samsung Electronics is projected to post its highest third-quarter profit since 2022, driven by a rebound in the global memory chip market.

According to analyst estimates, the company is expected to record an operating profit of 10.1 trillion won (US$7.1 billion) for the July–September quarter, reflecting a 10 percent year-on-year increase.

The surge is largely attributed to a spike in conventional memory chip prices, as server customers replenished inventories amid a recovery in demand. Data from TrendForce revealed that DRAM chip prices soared by 171.8 percent year-on-year in Q3, underscoring the scale of the market rebound.

Key Highlights

Samsung expected to post ₩10.1 trillion (US$7.1B) Q3 profit
DRAM prices jumped 171.8 percent YoY amid server inventory rebuild
Shares up 43 percent after chip deals with Tesla and OpenAI partnerships

While AI and server investments boosted demand for high-bandwidth memory (HBM) chips, analysts noted that Samsung’s delayed supply of its latest HBM3E chips to Nvidia tempered potential gains in the AI-driven semiconductor segment.

In recent months, Samsung’s shares have surged by over 43 percent, buoyed by the company’s chip supply deal with Tesla in July and a newly announced AI chip collaboration with OpenAI.

Also Read: Samsung Stock Hits Record High on AI Chip Momentum

The South Korean tech giant—also the world’s largest memory chip maker—will release its Q3 earnings estimates on October 14, followed by detailed results later this month. Analysts believe Samsung’s strong performance reflects early signs of a recovery in global semiconductor demand, positioning it for a robust 2025 amid the AI and EV technology boom.