Samsung Forecasts Record $80 Billion Profit

Samsung Electronics expects third-quarter operating profit of 107.4 trillion won (about $80 billion), up 782.5% year over year and potentially a record for a technology company, surpassing Nvidia’s latest quarterly operating income. It forecasts revenue of 195 trillion won, up about 127%, implying an operating margin near 55%; sales are below analyst expectations, and detailed results are due October 29. The surge is driven by AI data-center demand and tight supply of high-bandwidth memory, DRAM and NAND, which have pushed memory prices higher. Investors have reacted mixedly, weighing how long the boom can last as Samsung’s stock has yet to revive; risks include supply constraints, higher component costs for its consumer businesses, and longer-term competitive and policy pressures.