Samsung Electronics' quarterly profit may increase significantly, reaching a new all-time high.

Samsung Electronics is benefiting from the surge in chip prices brought on by the artificial intelligence trend, with its operating profit expected to increase sixfold in the first quarter of the year, setting a quarterly record just slightly below last year's full-year operating profit. According to conclusions drawn from 29 analysts by LSEG SmartEstimate, Samsung is expected to achieve a profit of 40.5 trillion Korean won this Tuesday, with a 50% increase in revenue, driven by the so-called unprecedented super cycle in memory chips. In contrast, the world's largest memory chip manufacturer reported an operating profit of 43.6 trillion Korean won last year. Some analysts are even more bullish on the company, with Citibank predicting its operating profit to reach 51 trillion Korean won. "There is nothing better than this," said Gao Yingmin, an analyst at Daol Investment & Securities, when discussing the robust storage chip market.