Samsung's quarterly operating profit tops 100 trillion won for the first time on AI memory demand
The memory maker's preliminary numbers put a figure on how much the AI buildout is now worth to whoever supplies it.
Samsung Electronics said preliminary third-quarter operating profit reached 107.4 trillion won, the first time the company has cleared 100 trillion won in a single quarter, on revenue of about 195 trillion won. Operating profit rose more than eightfold from a year earlier and revenue climbed roughly 127%, lifting the operating margin to 55.1%. The report credits memory chips used in AI systems, including DRAM, NAND flash and high-bandwidth memory, where supply has stayed short as large technology companies build data centers. The profit figure ran ahead of the 106.0 trillion won analysts expected, and a full breakdown by business division is due October 29.
Scripture for Reflection
“And He said to them, “Watch out! Guard yourselves against every form of greed, for one’s life does not consist in the abundance of his possessions.””
A number this large is a good moment to ask where we are quietly locating our own security.
