Samsung Electronics Achieves Record Memory Chip Revenue Amid AI-Driven Boom

Samsung Electronics reported record-breaking memory chip revenue in the third quarter, signaling a strong turnaround powered by surging global demand for artificial intelligence (AI) technologies. The South Korean tech giant said it plans to ramp up mass production of its most advanced semiconductors next year, anticipating continued momentum in the chip market fueled by AI and data center expansion.

Samsung’s memory chip division posted an all-time high of 26.7 trillion won in revenue, up from 22.3 trillion won a year earlier. Overall, its chip business generated an operating profit of 7 trillion won ($4.92 billion), representing an 80% year-on-year increase. The company’s total operating profit for the July–September quarter stood at 12.2 trillion won, matching market expectations. Shares of Samsung surged 5.3%, outperforming the 0.9% gain of the benchmark KOSPI index.

The record growth comes as conventional chip prices rebound sharply due to supply constraints, with manufacturers prioritizing advanced AI chips. Samsung confirmed that its HBM3E chips are now supplied to “all related customers,” joining competitors such as SK Hynix, which also provides cutting-edge 12-layer HBM3E memory to Nvidia, the leader in AI computing.

Samsung added that it has begun shipping samples of its next-generation HBM4 chips to key clients and will begin mass production in 2025, signaling its determination to close the technology gap with rivals. The company expects the semiconductor market to remain strong as AI investment accelerates, opening new opportunities for growth.

Amid booming demand from AI-driven data centers and tech giants like OpenAI, the chip industry is entering what analysts call a potential “super cycle.” Despite earlier delays in AI chip production, Samsung’s renewed momentum positions it to reclaim leadership in the rapidly expanding AI hardware market.