Saturday, 7 November 2026

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Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

Samsung Electronics on Thursday projected its quarterly ​profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter ‌earnings as booming demand for AI chips drove strong memory sales.

Samsung flags $80 billion profit on AI boom, highest quarterly for any tech company

Samsung Electronics on Thursday projected its quarterly ​profit would top 100 trillion won, a world first for a technology company, estimating a nearly nine-fold jump in third-quarter ‌earnings as booming demand for AI chips drove strong memory sales.

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Source: MyJoyOnline

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