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

Samsung Electronics announced preliminary third-quarter operating profit of 107.40 trillion won, equivalent to $80.2 billion, marking the first time the company has exceeded the 100 trillion won threshold. The performance reflected surging demand for memory chips fueled by artificial intelligence applications across the technology sector.
Operating profit increased 782% compared to the same quarter the previous year, while revenue projections of approximately 195 trillion won showed growth of n