Samsung Electronics' Q2 Profit Forecast to Surge 18-Fold on AI Memory Boom
Samsung Electronics (KRX:005930) is projected to report a near 18-fold year-over-year surge in second-quarter operating profit to 86 trillion won from 4.7 trillion won a year earlier, driven by an AI memory boom, The forecast, based on an LSEG SmartEstimate of forecasts from 30 analysts, would mark a third straight quarterly record for the company as AI-driven memory shortages push chip prices higher, the report said. Analysts expect supply constraints to persist into 2027, supported by strong demand for HBM as well as conventional DRAM and NAND chips, Samsung Electronics did not immediately respond to ' request for a comment.
Samsung Electronics (KRX:005930) is projected to report a near 18-fold year-over-year surge in second-quarter operating profit to 86 trillion won from 4.7 trillion won a year earlier, driven by an AI memory boom, The forecast, based on an LSEG SmartEstimate of forecasts from 30 analysts, would mark a third straight quarterly record for the company as AI-driven memory shortages push chip prices higher, the report said.
Analysts expect supply constraints to persist into 2027, supported by strong demand for HBM as well as conventional DRAM and NAND chips, Samsung Electronics did not immediately respond to ' request for a comment.