HomeSamsung Profit Surges 750% as AI Drains Global Chip Inventories
Samsung Electronics reported its first-quarter financial results on Thursday, with data showing that strong demand in artificial intelligence (AI) and a continued industrywide rise in storage chip prices drove explosive growth in operating performance. Operating profit surged to 57.2 trillion won, a year-over-year increase of over 750%, far exceeding market expectations and setting a new company record.
Revenue and Profit Surge, Storage Business Returns to the Lead
Overall, the company's quarterly revenue reached 133.9 trillion won, up about 70% from the same period last year, indicating a robust recovery. As a core growth engine, the storage business performed exceptionally well. Thanks to surging demand for high-value AI chips, Samsung's storage division posted record quarterly sales, making it one of the biggest beneficiaries of the current global AI technology wave.
Tight Supply Expected in the Second Half, High-End Memory Remains Key Competitive Focus
Looking ahead, Samsung forecasts that server storage demand will remain strong in the second half of this year. Major global players like NVIDIA are increasing their demand for high-bandwidth memory (HBM), while global supply of these products is extremely tight. This supply-demand imbalance is expected to persist in the near term, and storage chip supply in the consumer electronics sector will continue to face pressure.
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Samsung Electronics reported its first-quarter financial results on Thursday, with data showing that strong demand in artificial intelligence (AI) and a continued industrywide rise in storage chip prices drove explosive growth in operating performance. Operating profit surged to 57.2 trillion won, a year-over-year increase of over 750%, far exceeding market expectations and setting a new company record.
Revenue and Profit Surge, Storage Business Returns to the Lead
Overall, the company's quarterly revenue reached 133.9 trillion won, up about 70% from the same period last year, indicating a robust recovery. As a core growth engine, the storage business performed exceptionally well. Thanks to surging demand for high-value AI chips, Samsung's storage division posted record quarterly sales, making it one of the biggest beneficiaries of the current global AI technology wave.
Tight Supply Expected in the Second Half, High-End Memory Remains Key Competitive Focus
Looking ahead, Samsung forecasts that server storage demand will remain strong in the second half of this year. Major global players like NVIDIA are increasing their demand for high-bandwidth memory (HBM), while global supply of these products is extremely tight. This supply-demand imbalance is expected to persist in the near term, and storage chip supply in the consumer electronics sector will continue to face pressure.
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2026 Latest Best AI Vocal Demo Tools for Songwriters, Hook Creators, and Multi-Language Content Teams! XIX.AI has curated a top-rated list of powerful game-changing tools that go through rigorous real-world tests. You’ll find detailed free vs paid comparison data, comprehensive rankings, and must-try options to help you boost writing efficiency and unlock your creative potential. Explore now to discover your perfect tool for all your content needs!
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