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Samsung reports record quarterly profit as chip income jumps almost 50-fold

The AI boom is worsening a global memory chip shortage, which Samsung predicts will continue into 2027

Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients spend on AI, driving up prices of its memory chips.

A boom in the construction of AI datacentres has spurred Samsung and chipmaking peers to allocate production capacity to advanced chips that Nvidia uses in its so-called AI accelerators. Even so, chipmakers are struggling to meet demand while the move also squeezes the supply of conventional chips.

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Apr 30, 2026 Technology Samsung AI (artificial intelligence)

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