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Samsung Electronics' Q3 operating profit surged 780% to a record 107.4 trillion Korean won, but its stock price still fell over 5% due to the semiconductor division's weaker-than-expected performance.
Samsung Electronics' third-quarter operating profit surged 780% to 107.4 trillion Korean won (approximately $80.5 billion), marking the first time a tech company's quarterly operating profit has exceeded 100 trillion Korean won, primarily driven by strong demand for AI chips. However, investors were disappointed by the semiconductor division's operating profit falling short of market expectations, causing Samsung's stock price to drop over 5% on Thursday.
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