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Samsung posts record profit in Q3 on AI chip boom

SEOUL: 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: 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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