Samsung Electronics announced its highly anticipated first-quarter financial report on Thursday. Data shows that due to strong demand in the artificial intelligence (AI) field and the continued rise in storage chip prices across the entire industry, the company's operating performance experienced explosive growth. In particular, operating profit soared to 57.2 trillion won, with a year-on-year increase of more than 750%. This figure not only far exceeded the general market expectations but also set a new historical record for the company.

Double gains in revenue and profit, storage business back on top

In terms of overall performance, Samsung's revenue for this quarter reached 133.9 trillion won, an increase of about 70% compared to the same period last year, showing a strong recovery trend. As its core driving force, the storage business performed particularly outstandingly. Benefiting from a surge in demand for high-value-added AI chips, Samsung's storage business achieved record sales for the quarter, making it one of the most direct beneficiaries of the current global AI technology wave.

Supply remains tight in the second half, high-end memory remains a focal point of competition

Looking ahead at market trends, Samsung predicts that server storage demand will remain strong in the second half of this year. Currently, global top manufacturers such as NVIDIA are increasing their demand for high-bandwidth memory (HBM), while the global supply of these products is in a highly tense state. This imbalance between supply and demand is expected to remain unsolved in the short term, and the supply of storage chips in the consumer electronics sector will continue to face pressure.