Samsung's Q3 Profit Expected to Jump Nine-Fold to $79.1 Billion, Driven by AI Demand
Samsung Electronics is projected to report a nearly nine-fold increase in third-quarter operating profit, reaching 106.1 trillion won ($79.1 billion) for the July-September period, primarily fueled by robust AI demand. However, analysts have cut their forecasts by nearly 8 percent since the end of August, and chip margins may remain flat despite moderating gains in memory chip prices.
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