Samsung reported a record quarterly operating profit driven by a 49-fold surge in chip income as AI data‑center demand lifted memory-chip prices and volumes. Its chip division posted 53.7 trillion won in operating profit for Jan–Mar (vs. 1.1 trillion won a year earlier), accounting for 94% of the quarter’s 57.2 trillion won total; revenue rose 69% year‑on‑year to 133.9 trillion won.
The company said it has signed multi‑year binding supply contracts, begun mass production sales of HBM4 for Nvidia’s Vera Rubin platform, and expects strong server memory demand and higher capex to meet AI needs. Samsung warned of possible production disruption from potential strikes by unionized workers and said it will take measures to avoid disruption. Higher conventional chip prices weighed on other units: mobile profit fell 35% to 2.8 trillion won and display profit fell 20% to 400 billion won. Shares have jumped 88% year‑to‑date.