Samsung posts record Q3 profit as AI chip demand boosts earnings and eases market concerns over the sector's outlook.
Samsung Electronics posted a 15-fold jump in quarterly chip profit on Thursday, powered by the AI boom, but its shares tumbled as investors balked at a lack of fresh shareholder-return plans and...
The firm reports an operating profit of 107.4 trillion won for the July-to-September period Read more at The Business Times.
Samsung Electronics reported third-quarter earnings on Thursday.
Samsung Electronics Co.’s semiconductor division’s 15-fold surge in profit just missed estimates, tempering resurgent enthusiasm for bets on the artificial intelligence infrastructure build-out.
SEOUL -- Samsung Electronics reported tech's biggest-ever quarterly profit on Thursday, but its stock still fell sharply as shareholders were left disappointed with their benefits from an AI boom...
Revenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straight quarter of record profit and revenue.
The semiconductor division generated 106.5 trillion won (US$79.9 billion) in operating profit.
Samsung Electronics' third-quarter profit came almost entirely from charging more for memory chips, not from selling more of them. On its earnings call, the company also told investors the...
Samsung Electronics Co. shares reversed earlier gains to slide as much as 6.6% as the lack of a new shareholder return plan in its earnings disappointed investors.
Revenue rose 52.6% to 4.7 trillion won (US$3.51 billion).
Third-quarter profits for world’s largest memory-chip maker fall just short of analyst estimates
Samsung’s operating profit surged nearly ninefold to a record 107.4 trillion won as its semiconductor division benefited from AI demand, but the company expects the memory chip supply crunch to...
Samsung Electronics made a record operating profit of 107.4 trillion won (about $80bn) in the third quarter, the company said on Thursday. Demand for the memory chips used in AI data centres kept...
Samsung Electronics' latest results show AI infrastructure demand increasingly determining the group's earnings, with soaring semiconductor profit offsetting continued losses in its...
Samsung Electronics (SSNLF) is enjoying one of the biggest profit booms in technology history. That accomplishment has also created a new danger. The Bank of Korea predicts that South Korea’s...
First reported:
First saved on ClustZ:
Coverage updated:
We use cookies to improve your experience and analyze site traffic. By clicking "Accept", you agree to our use of cookies. See our Privacy Policy.