Samsung's Profit Predicted to Break Records, Shares on the Korean Stock Exchange Nearly Jump 5%
JAKARTA - Samsung Electronics shares on the South Korean Stock Exchange jumped as high as 4.8% in Tuesday's trading. Citing CNBC, Tuesday, April 7, the surge occurred after Samsung projected its highest quarterly profit in history, driven by strong demand for AI chips.
However, the strengthening of the stock did not last long. After briefly soaring, the increase shrank to 0.52%.
In its initial performance guidance, Samsung estimated operating profit for the January-March quarter at 57.2 trillion won, or about $37.8 billion. The figure jumped more than eightfold from 6.69 trillion won in the same period last year.
If achieved, the figure will not only be a new quarterly record for Samsung, but also surpass market estimates. According to a CNBC report, LSEG SmartEstimate previously estimated Samsung's profit at the level of 42.3 trillion won. In terms of revenue, Samsung also projects consolidated revenue of 133 trillion won, up nearly 70% compared to a year ago.
Its main support is expected to come from the memory chip business, especially high-bandwidth memory or HBM used for AI computing. In the past year, demand for this type of chip has skyrocketed and triggered shortages in the memory market. This condition also contributed to the increase in prices and sales volumes of chip manufacturers, including Samsung.
CNBC also reported that this initial guidance signaled that Samsung was beginning to strengthen its position in the HBM chip competition, after losing its initial advantage to its domestic rival, SK Hynix.
The Device Solutions division, which oversees the memory chip business, is an important support for Samsung. In 2025, this division accounted for 39% of the company's revenue and 57% of operating profit.
Samsung's full financial report is scheduled to be released later this month. From the initial figures that have been opened, demand for AI chips is still strong and is the main support for Samsung's performance.