Samsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand
Samsung Electronics reported preliminary third-quarter earnings on Thursday, with operating profit forecast to top 100 trillion won for the first time.
5 stories
Samsung Electronics reported preliminary third-quarter earnings on Thursday, with operating profit forecast to top 100 trillion won for the first time.
Samsung Electronics Co. raised pricing across most of its Galaxy S26 smartphone lineup, the latest example of consumer-tech brands passing costs on to consumers amid a persistent memory shortage.
Samsung Electronics Co. introduced a pair of new Android-based tablets with upgraded performance along with its latest SmartTag item tracker that offers better precision and longer-distance tracking capabilities compared to previous models.
Micron Technology Inc. shares have rebounded from a summer selloff as fears about a potential pullback in AI spending have faded. Now investors want assurances from the memory-chip maker that the long-term outlook for demand remains bright.
Samsung Electronics and its five affiliates are investing $1 billion in KKR-launched Helix as the group expands its push into global AI infrastructure.
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