Samsung Electronics Reports More Than 780% Jump in Third-Quarter Operating Profit
Samsung Electronics posted a more than 780% year-over-year rise in third-quarter operating profit, buoyed by demand for AI semiconductors. The report also discusses the company's memory-chip outlook.
A previous version had an incorrect figure for the percentage of the company's revenue from semiconductors. 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 semicon…