Samsung memory virtually printing money

What happened

According to a Blocks & Files report published Friday 30 Oct 2026, Samsung almost reported its first-ever ₩200 trillion quarterly revenues in its third 2026 quarter, with revenues of ₩195.3 trillion ($145.5 billion), up 121.8 percent Y/Y, and an operating profit of ₩107.4 trillion ($80 billion), making Samsung Electronics the world's first tech company to exceed ₩100 trillion ($74.5 billion) in quarterly operating profit. The report attributes this to soaring AI demand for HBM, DRAM and NAND enabling high prices for its semiconductor technology. The DS (Device Solutions) semiconductor business accounted for 72 percent of Samsung Electronics' revenues in the quarter, at ₩147 trillion ($109.6 billion), up 15 percent Q/Q; within that, memory at ₩140.7 trillion ($104.8 billion) accounted for 95.7 percent, achieved by ramping up HBM4 sales and meeting demand for server SSDs. Samsung said strong demand momentum for servers led to higher market prices across all applications. Competitor SK hynix reported revenues of ₩104 trillion ($78.9 billion) in its third 2026 quarter, with a ₩39.8 trillion (c$30 billion) profit, less revenue and profit than the directly comparable Samsung DS division. Samsung says investments are planned for new fabs and other infrastructure to meet strong AI and HPC demand, and it intends to further increase HBM, server DRAM, and SSD sales, specifically increasing supply of high-speed server DDR5 product and QLC SSDs. Samsung expects AI infrastructure capital expenditure to reach a historic level in 2027, greater than this year, and states that 'AI-driven demand will far exceed the industry supply in comparison with 2026.' These are reported results and company outlook, not achieved future outcomes.

Impact and signal

Affected components and suppliers

Source and time

Source: Blocks & Files · 10/30/2026 · View original source