Memory demand changed the picture
Samsung reported its highest-ever quarterly revenue in Q3 2026, powered by demand for AI memory. Profit also reached a record level in the period.
Losses on the mobile side
Despite the record revenue, the company's mobile division closed the quarter with a loss. The AI-focused memory business was the main driver offsetting weakness in phones.
What it means
Demand from AI data centers for memory chips has become decisive for Samsung's balance sheet. This aligns with the company's recent statements on the memory shortage and HBM investments.
