Samsung Electronics on Thursday reported third-quarter preliminary operating profit of 107.40 trillion won ($80.2 billion), surging past 100 trillion won for the first time in the company’s history as booming demand for artificial intelligence continues to fuel its chips business.
Projected quarterly operating profit is 782% higher from a year earlier. Revenue forecast of about 195 trillion won is up nearly 127% from the same period last year.
Samsung shares, however, dropped 0.7% Thursday morning.
“Samsung has delivered a record profit and still fallen short of expectations, which tells you just how demanding the AI trade has become,” said Josh Gilbert, lead analyst for APAC at investment platform eToro. “When expectations are so high for memory makers, the market doesn’t hand out points for effort.”
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https://www.cnbc.com/2026/10/08/samsung-q3-earnings.html
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