Samsung and SK hynix poised for record Q3 profits on AI memory boom

Samsung Electronics and SK hynix report third-quarter results on Oct. 28 and 29. Their combined operating profit is projected at 184 trillion won (~$139 billion), driven by HBM demand and rising DRAM and NAND prices.

• Combined Q3 operating profit for Samsung and SK hynix is projected at 184 trillion won
• Samsung's operating profit rose 782.5% year on year to 107.4 trillion won
• SK hynix is expected to post about 98 trillion won in revenue and 77 trillion won in profit
• Both companies are preparing HBM4 supplies for Nvidia accelerators