Dell Technologies Inc., HP Inc. and other tech companies are warning of potential memory-chip supply shortages in the coming year due to soaring demand from the buildout of artificial intelligence infrastructure. Consumer electronics makers including Xiaomi Corp. have sounded the alarm about potential price increases, while others including Lenovo Group Ltd. have begun stockpiling memory chips in anticipation of rising costs. Counterpoint Research this month forecast a 50% price rise for memory modules through the second quarter of next year.
The ongoing AI boom is signaling good fortune for Samsung, which currently holds the title of leading chipmaker. Samsung has released its Q3 earnings guidance and is anticipating its largest quarterly profit since 2022. Revenues are expected to rise to KRW 86 trillion ($60 billion) while profits are now estimated at KRW 12.1 trillion ($8.5 billion). These figures represent 32% and 8.7% bumps compared to last year.