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Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom
- On Thursday, Samsung Electronics projected a record third-quarter operating profit of 107.4 trillion won , surpassing 100 trillion won for the first time as booming demand for artificial intelligence chips drove strong memory earnings.
- Surging demand for AI infrastructure has outstripped memory chip supply growth, creating tight supplies of DRAM and NAND chips expected to persist through 2027, according to Samsung's regulatory filings and company statements.
- Revenue is projected to rise 127% to 195 trillion won, while Samsung continues to integrate artificial intelligence models from French startup Mistral into its semiconductor operations to expand infrastructure capabilities.
- The Device Experience Division, which handles finished products including Galaxy smartphones, is expected to post an operating loss for the second consecutive quarter, contrasting with record chip business performance.
- Samsung Electronics will release detailed earnings results, including a breakdown by business division, later this month, providing investors with a comprehensive financial picture following the record-breaking quarter.
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32 Articles
32 Articles
Samsung Electronics estimates its third-quarter 2026 operating profit will reach 107.4 trillion won (Rp. 501.11 trillion).
The operating profit clearly exceeds the analyst's estimate. And the South Korean Tech Group posted the fourth record quarterly profit in a row.
·Düsseldorf, Germany
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Svenska DagbladetReposted by 
Nettavisen
NettavisenSamsung Electronics is heading for a new record profit for the third quarter, figures from the…
·Stockholm, Sweden
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Samsung Q3 profit jumps 783% as AI memory boom lifts chip earnings
SEOUL, Oct 8 (Reuters) - Samsung Electronics on Thursday projected a 783% jump in third-quarter operating profit from a year earlier, beating analysts' estimates as booming demand for artificial intelligence chips drove strong memory earnings.
·London, United Kingdom
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Total News Sources32
Leaning Left2Leaning Right7Center6Last UpdatedBias Distribution47% Right
Bias Distribution
- 47% of the sources lean Right
47% Right
13%
C 40%
R 47%
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