Samsung Electronics said it expects third-quarter operating profit of 107.4 trillion won (US$79.8 billion) and revenue of 195 trillion won (US$146 billion), as demand rose for semiconductors used in AI.

The preliminary guidance implies operating profit would rise 782.5% from a year earlier.

Revenue would increase 126.6%. Samsung did not disclose net profit or divisional results.

The gain appears tied to advanced memory chips.

Samsung’s portfolio includes high bandwidth memory chips for AI and high-performance computing.

Samsung plans to release final results later in October.

🔗 Source: Yonhap

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