Samsung saw Q1 semiconductor profits jumped 49 times y-o-y to $36bn on revenue of $94bn.

The driver was the astonishing demand for HBM as the datacentre building boom continues.

“Our supply falls far short of customer demand,” said Samsung’s Kim Jaejune, “based solely on the demand currently received for 2027, the supply-to-demand gap for 2027 is set to widen even further than in 2026.

“The business led the memory market by utilising its differentiated technology leadership,” said Samsung, “this included initiating the industry’s first mass product sales of HBM4 and SOCAMM2 for Nvidia’s Vera Rubin platform, as well as the timely development of PCIe Gen6 SSDs.

Samsung Q1 chip profit hits $36bn on sales of $94bn“In Q2 2026, the Memory Business anticipates demand to remain strong amid AI infrastructure expansion and is scheduled to deliver its first HBM4E samples to solidify technical leadership,” added Samsung. “The business also aims to proactively capitalise on early demand for new GPUs and CPUs to be launched in the second half of 2026.

“In H2 2026, the company expects server memory demand to remain strong as hyperscalers accommodate enterprises’ increasing adoption of AI and LLM services. Agentic AI is expected to accelerate growth in demand.”

Samsung said it had locked in major customers with multi-year binding supply contracts.

By: DocMemory
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