Samsung Q3 profit jumps 783% as AI memory boom lifts chip earnings
Samsung projected third-quarter operating profit of 107.4 trillion won ($80.17 billion), up 783% year over year and above analysts’ estimate of 106.1 trillion won.
Samsung projected third-quarter operating profit of 107.4 trillion won ($80.17 billion), up 783% year over year and above analysts’ estimate of 106.1 trillion won.
Samsung Electronics projected third-quarter operating profit of 107.4 trillion won ($80.17 billion), compared with 106.1 trillion won in the LSEG SmartEstimate. The company attributed strong memory earnings to booming demand for artificial intelligence chips.
