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Samsung Electronics Reports More Than 780% Surge in Third-Quarter Operating Profit

Samsung Electronics' third-quarter operating profit rose more than 780% year over year, buoyed by demand for AI semiconductors.

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SquawkNews Desk

By Steve GoldsteinSouth Korean technology giant Samsung Electronics posted a more than 780% leap in third-quarter operating profit from a year earlier, buoyed by booming demand for AI semiconductors.Samsung Electronics just posted a quarter that no other tech company has ever seen.Samsung had previ…

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