Samsung chip profit jumps 250-fold as shortages seen through 2028
Samsung has locked in at least five-year supply deals with five major data-center operators and is near more agreements.
Samsung Electronics expects the memory-chip supply shortage driven by surging AI demand to worsen in 2027 and continue through 2028, even as its chip division profit jumped more than 250 times in the second quarter of 2026. Samsung memory business executive Kim Jaejune said the company has signed long-term contracts with five of the world's largest data-center companies and is close to sealing deals with five other major firms. The contracts run for at least five years and cover 60-70 percent of long-term capacity, including upfront payments and base pricing. Samsung also forecast HBM4 revenue will rise more than threefold in the third quarter. On the other hand, higher chip prices are pressuring the device business, with the mobile division posting a 700 miliar won loss.