{"id":639917,"date":"2026-10-08T07:04:14","date_gmt":"2026-10-08T07:04:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/639917\/"},"modified":"2026-10-08T07:04:14","modified_gmt":"2026-10-08T07:04:14","slug":"samsungs-q3-profit-guidance-tops-analyst-estimates-as-ai-demand-outstrips-memory-supply","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/639917\/","title":{"rendered":"Samsung’s Q3 Profit Guidance Tops Analyst Estimates As AI Demand Outstrips Memory Supply"},"content":{"rendered":"\n

Samsung Electronics Co. Ltd. (OTC:<\/a>SSNLF<\/a>) on Wednesday guided for a rise in third-quarter profit and sales as artificial intelligence demand for memory chips tightens supply across the industry, though its shares in Seoul slipped less than 1%. <\/p>\n

Profit And Sales Jump Again <\/p>\n

The world’s largest memory chipmaker expects third-quarter sales to reach about KRW 195 trillion ($145.76 billion), up from KRW 171.5 trillion ($128.22 billion) in the second quarter and KRW 86.06 trillion ($64.35 billion) in the same period last year. <\/p>\n

It forecasts operating profit of about KRW 107.40 trillion ($80.30 billion) for the three months ending in September, up from KRW 89.49 trillion ($66.92 billion) in the second quarter and KRW 12.17 trillion ($9.10 billion) a year earlier. Analysts expect it to be KRW 106.1 trillion ($79.33 billion), Reuters reported, citing LSEG SmartEstimate. <\/p>\n

Read Also:Jeff Bezos Just Put Blue Origin’s IPO on the Radar After $10 Billion Funding Round: ‘It Probably Makes Sense’<\/a> <\/p>\n

Memory Makers Say the Squeeze Will Last <\/p>\n

Samsung, SK Hynix Inc. (NASDAQ:<\/a>SKHY<\/a>), and Micron Technology Inc. (NASDAQ:<\/a>MU<\/a>) are the leaders in memory chips, and all three are benefiting from AI demand for high-bandwidth memory, which AI accelerators need to process complex workloads. <\/p>\n

Micron CEO Sanjay Mehrotra said last month that in 2027 and 2028, “we see demand exceeding supply<\/a>.” <\/p>\n

Samsung Widens Its AI Chip Reach <\/p>\n

OpenAI is reportedly deepening its Samsung ties, with Harrison Kim of OpenAI Korea saying in September that the two are co-developing next-generation chips<\/a>, according to a Reuters report. <\/p>\n

In August, Samsung raised prices for some<\/a> advanced chipmaking services by up to 15% for new orders as AI demand filled its production lines. <\/p>\n

View more earnings on SSNLF<\/a> <\/p>\n

The latest announcement includes only topline figures. Samsung will release detailed third-quarter results, with division breakdowns, on Oct. 29. <\/p>\n

Price Action: Seoul-listed shares of Samsung were down 0.84% at the time of writing, to KRW 266,250 ($199.07). The benchmark index KOSPI was down 0.64%. <\/p>\n

According to Benzinga Edge rankings, Micron’s stock<\/a> has a Momentum score in the 99th percentile and a Growth score in the 93rd percentile. <\/p>\n

\"\"<\/a> <\/p>\n

See More:Top Growth Stocks<\/a> <\/p>\n

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. <\/p>\n

Photo: Kittyfly \/ Shutterstock <\/p>\n

UNLOCKED: 5 NEW TRADES EVERY WEEK. Click now to get top trade ideas daily<\/a>, plus unlimited access to cutting-edge tools and strategies to gain an edge in the markets. <\/p>\n

This article Samsung’s Q3 Profit Guidance Tops Analyst Estimates As AI Demand Outstrips Memory Supply<\/a> originally appeared on Benzinga.com<\/a> <\/p>\n

\u00a9 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved. <\/p>\n","protected":false},"excerpt":{"rendered":"Samsung Electronics Co. Ltd. (OTC:SSNLF) on Wednesday guided for a rise in third-quarter profit and sales as artificial…\n","protected":false},"author":2,"featured_media":639918,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[6638,345,343,344,114,357,184,268,13368,85,4141,13516,9445,46,2450,8553,9331,266,13517,4861,688,5615,13369,13370,5268,13518,270,125,13519],"class_list":["post-639917","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-401k","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-il","tag-investing","tag-investment-tools","tag-investor","tag-israel","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-technology","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/639917","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=639917"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/639917\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/639918"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=639917"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=639917"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=639917"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}