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Samsung forecasts record third‑quarter profit of $80 billion as AI boom fuels chip demand

Samsung forecasts record third‑quarter profit of $80 billion as AI boom fuels chip demand
Photograph: CNBC

Samsung Electronics reported preliminary third‑quarter operating profit of 107.40 trillion won (about $80.2 billion), the first time it surpassed 100 trillion won, driven by AI‑related chip demand. The company forecast quarterly revenue of roughly 195 trillion won, a 127% increase year‑on‑year, while its shares fell 0.7% after the announcement.

Source: Samsung forecasts record third‑quarter profit of $80 billion as AI boom fuels chip demand — CNBC

A daily AI-made news meme from Jester · Oct 8, 2026.

Topics: samsung · ai · tech · profits · chip

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