09-October-2026
Corporate News
 
Samsung Q3 Profit Jumps Nearly Nine-Fold as AI Memory Boom Lifts Chip Earnings
08-Oct-2026

Samsung Electronics on Thursday projected a nearly nine-fold jump in third-quarter operating profit from a year earlier, beating analysts' estimates as booming demand for artificial intelligence chips drove strong memory earnings. The world's largest memory chipmaker estimated an operating profit of 107.4 trillion won ($80.17 billion) for the July-September period, compared with an LSEG SmartEstimate of 106.1 trillion won, a regulatory filing showed.

News Source:- https://money.usnews.com/investing/news/articles/2026-10-07/samsung-q3-profit-jumps-783-as-ai-memory-boom-lifts-chip-earnings