Samsung Electronics has projected that its operating profit surged more than eightfold to a record in the first quarter, citing an “unprecedented supercycle” for memory chips from the AI boom. The record earnings come despite a deepening conflict in the Middle East that has sharply increased energy costs for the data centres that power AI tools.

Tech giant Samsung Electronics estimated on Tuesday that its first quarter profit had soared 755 percent annually to a record high of 57.2 trillion won ($37.9 billion), driven by strong sales of chips crucial for artificial intelligence.

Samsung Electronics Co. Ltd. forecast record quarterly profit thanks to rising demand for its memory chips to support artificial intelligence workloads, sending its stock up as much as 5% during today’s market session before it settled down to a 2% gain.

Samsung Electronics is expected to deliver one of its strongest quarterly performances on record, driven largely by a sharp upswing in the global DRAM market. Forecasts for Q1 2026 point to operating profit reaching approximately $23.

Analysts have lifted their fair value estimate for Samsung Electronics from ₩193,661.4 to ₩239,873.49, putting fresh attention on what is driving the updated price target thinking. The shift comes alongside active debate on Samsung’s role in high bandwidth memory,

By Hyunjoo Jin SEOUL, April 3 (Reuters) - Samsung Electronics, benefiting from red-hot chip prices stoked by the AI boom, is expected to book a six-fold jump in operating profit for January-March - a quarterly record and just shy of what it earned for all of the past business year.

Samsung Electronics recently raised the prices of its Galaxy S25 Edge, Galaxy Z Fold·Flip7 high-capacity models released last year, and Galaxy Tab tablet PCs. The price increases vary by model, with smartphones rising approximately 100,

Samsung Electronics anticipates Q1 operating profit of 40.5 trillion won ($26.9B), driven by booming AI memory chip demand despite recent market headwinds.