Samsung posts record $80bn quarterly profit on AI memory demand
The company's profit reached 107.4 trillion won in the third quarter. This surge is attributed to the increasing need for memory chips used in AI data centers.
Key points
- Record operating profit of 107.4 trillion won (~$80bn)
- Growth driven by AI data center memory chip demand
- Profit is roughly nine times higher than the previous year
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Next Web did the reporting; read the original for the full story.
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