Samsung is projecting a profit of around $80 billion, with the strong performance linked to the ongoing boom in artificial intelligence.

The expected result would represent the company’s highest quarterly profit and would also mark the largest quarterly profit recorded by any technology company.

The strong earnings outlook comes as demand connected to artificial intelligence continues to support the technology industry. Samsung’s latest projection highlights the scale of the impact that the AI boom is having on major technology companies.

The projected $80 billion profit places Samsung at the centre of the current AI driven growth in the technology sector. The figure also marks a significant quarterly milestone for the company.

If confirmed, the result would give Samsung the highest quarterly profit among technology companies, reflecting the strength of its financial performance during the period.