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Samsung posts record profit in Q3 on AI chip boom

SEOUL, Oct 29 (Reuters) - ⁠Samsung Electronics said on Thursday ⁠its operating profit rose nearly ninefold ‌to a record high in the third quarter, driven by robust demand for AI chips, ​even as investors remained ⁠wary about the ⁠durability of AI spending.

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三星第三季度利润创历史新高,人工智能芯片热潮推动其盈利增长。

The logo of Samsung Electronics is seen at the company's store in Seoul, South Korea, April 15, 2025. REUTERS/Kim Hong-Ji

SEOUL, Oct 29 (Reuters) - ⁠Samsung Electronics said on Thursday ⁠its operating profit rose nearly ninefold ‌to a record high in the third quarter, driven by robust demand for AI chips, ​even as investors remained ⁠wary about the ⁠durability of AI spending.

The world's top memory chipmaker ⁠reported ‌operating profit of 107.4 trillion won ($80.04 billion) for the ⁠July-to-October period, in line with its ​estimate and ‌up from 12.2 trillion won a ⁠year earlier.

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