Samsung Electronics shares slid despite record profit in the third-quarter

by | Oct 29, 2026 | Stock Market

Samsung Electronics shares slid despite record profit in the third-quarter

Samsung Electronics experienced a decline in share price on Thursday, closing down 4.13% after reporting third-quarter financial results that met analyst expectations. The company achieved record operating profit exceeding 100 trillion won for the first time among global technology firms, alongside record revenue. Operating profit surged 783.11% from the prior year, while revenue increased 126.88% year-on-year and 13.85% sequentially.

The semiconductor division drove performance, generating 147.1 trillion won in revenue and 106.5 trillion won in operating profit. The memory business reached record quarterly revenue and operating profit, supported by strong sales of HBM4 chips and server solid-state drives. Samsung announced dividend payments of 30 trillion won for the quarter and indicated plans to return 55 trillion to 75 trillion won to shareholders through the remainder of the year via dividends and share buybacks, with final details to be determined at a board meeting scheduled for late January 2027.

Despite these achievements, market enthusiasm remained muted. Analysts noted that investors have become accustomed to strong performance in artificial intelligence-related sectors, treating record results as expected rather than noteworthy. Observers highlighted Samsung’s substantial dependence on memory chip sales, with semiconductor operations accounting for nearly all operating profit in the quarter.

Looking forward, Samsung expects AI infrastructure investment to accelerate and anticipates tightening memory supply amid rising demand. The company plans to expand HBM and other memory product sales for servers and data storage applications. Samsung also committed $500 million toward a $1 billion investment in Helix Digital Infrastructure and partnered with French AI startup Mistral AI to integrate artificial intelligence technologies into semiconductor operations including design and manufacturing.

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