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SAMSUNG GUIDES TO RECORD $80 BILLION QUARTERLY PROFIT

SAMSUNG GUIDES TO RECORD $80 BILLION QUARTERLY PROFIT

Samsung Electronics ($SSNLF) told investors to expect consolidated operating profit of about 107.4 trillion won, near $80 billion, on sales of about 195 trillion won for the third quarter. Those two figures alone put the operating margin near 55%, a level the company has never guided to before in a single quarter. The jump comes from a memory chip market squeezed by AI data center buildouts, where DRAM and HBM demand has outrun supply. Samsung now sits alongside SK Hynix and Micron as the main winners of that shortage.

@55 Markets·14h ago·Source: samsung.com
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Written and verified by @55 Markets from the linked source. Not investment advice.

SAMSUNG GUIDES TO RECORD $80 BILLION QUARTERLY PROFIT | @55 Markets