Samsung sees strong AI demand after profit triples to record high

SEOUL: Samsung Electronics said its operating profit more than tripled to a record high in the fourth quarter and forecast strong chip demand ahead, as the race to build artificial intelligence strains chip supply and boosts prices.

The results underscore the strong pricing power of the world’s top memory chipmaker, with its profit growth set to accelerate this quarter.

“The ongoing AI ‌boom is expected ‌to continue driving favorable market conditions across the industry” in the first quarter of 2026, Samsung said in a statement.