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Home›Global Markets›Asia›Samsung forecasts record third-quarter profit as AI de…

Samsung forecasts record third-quarter profit as AI demand boosts chips

Samsung said it expects operating profit to exceed 100 trillion won for the first time, after reporting preliminary third-quarter results.

Reported · Written up by our desk · Asia

Samsung Electronics said it has posted preliminary earnings for the third quarter and expects operating profit to top 100 trillion won for the first time, CNBC Markets reports.

CNBC World reports the company is forecasting a record third-quarter operating profit figure of 100 trillion won, as demand linked to AI continues to support semiconductor sales.

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Sources

CNBC MarketsSamsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand
CNBC WorldSamsung forecasts record third-quarter profit of $80 billion as AI boom fuels chip demand

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