Samsung on October 13 forecasts Q3 operating profit up 782.5% YoY on AI memory, forms $1B AI data center JV with NVIDIA and KKR
Samsung Electronics on October 13 forecasts Q3 operating profit of KRW 10.74 trillion, up 782.5% YoY; the same day it formed a $1B AI data center infrastructure joint venture with NVIDIA and KKR's Helix fund and demonstrated a CXL-based memory pooling solution with AMD at OCP.
Samsung Electronics on October 13 issued its Q3 2026 guidance, projecting operating profit of KRW 10.74 trillion (about $8.01 billion), up 782.5% YoY, with revenue up 127% YoY to KRW 195 trillion, driven primarily by AI server memory demand. The same day, Samsung formed a $1 billion AI data center infrastructure joint venture with NVIDIA and KKR's Helix fund to combine Samsung's HBM and storage technology with NVIDIA's accelerated computing platform for hyperscale and large enterprise deployments. At OCP Global Summit 2026, Samsung demonstrated a CXL-based memory pooling solution with AMD using Samsung CMM-D memory pooling, letting multiple systems share memory resources to handle AI inference workloads. Samsung also unveiled next-generation memory products including HBM4E, HBM5, custom HBM, and LPDDR5X-PIM, alongside 2nm GAA process wafers, Groq LPU wafers, and NVIDIA Groq 3 LPX systems.