Shortages are likely to deepen in 2027 and carry into 2028, Jaejune Kim, executive vice president of Samsung's memory business, told analysts. The agreements include upfront payments and floor pricing, giving Samsung more predictability as it invests heavily in advanced chip production. Overall operating profit for the quarter reached 89.5 trillion won, while revenue rose 130% to 171.5 trillion won. Image credit: ReutersThose gains are being driven by higher memory prices tied to AI demand, but they are also creating pressure inside the company. Rival SK Hynix also reported strong results this week and said it plans to increase capital spending by about 50% to meet AI demand.