Download the app
← Latest news

Samsung chip profits nearly 50 times higher as AI demand sparks 2027 shortage fears

Business
Published on 30 April 2026
Samsung chip profits nearly 50 times higher as AI demand sparks 2027 shortage fears

A coming memory crunch could push prices higher

Samsung Electronics reported record profits, driven by a dramatic jump in chip earnings. But the company warns of a potentially severe chip shortage next year as AI spending accelerates among major customers. That surge in demand is also lifting prices for Samsung’s memory chips. Adding pressure, Samsung is reportedly preparing for a possible strike at its chip division.

  • Samsung’s chip profit surge nears 50 fold amid record earnings
  • AI-driven customer spending could trigger a chip shortage next year
  • Memory chip prices are rising due to supply strain
  • Samsung is bracing for a potential chip-division strike
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.