By JBizNews Desk
SEOUL — April 30, 2026
Samsung Electronics reported a stunning surge in first-quarter profit, with its semiconductor division delivering a nearly 49-fold jump in operating profit to a record 53.7 trillion won ($36.1 billion), driven by insatiable global demand for high-bandwidth memory chips used in AI servers and data centers.
The South Korean tech giant posted consolidated operating profit of 57.2 trillion won for the January-March period — an more than eight-fold increase from a year earlier — beating expectations and marking an all-time quarterly high. Revenue reached a record 133.9 trillion won.
Business Implications
Samsung’s blowout results underscore the continued strength of the AI infrastructure boom and the severe supply shortage for advanced memory chips. The company expects the shortage to worsen through 2027, which should support strong pricing and margins ahead. This is a major positive signal for the broader semiconductor supply chain and companies exposed to HBM technology.
Asian markets are reacting positively in early trading, and the news is expected to lift sentiment for U.S. chip stocks when Wall Street opens later today.
— JBizNews Desk
© JBizNews.com. All rights reserved. This article is original reporting by JBizNews Desk. Unauthorized reproduction or redistribution is strictly prohibited.
