Samsung Electronics has projected its quarterly profit would top $US80 billion (A$114 billion), a world first for a technology company, estimating a nearly nine-fold jump in third-quarter earnings as booming demand for AI chips drove strong memory sales.
The world’s largest memory chipmaker estimated an operating profit of ₩107.4 trillion ($80.17 billion) for the July-September period, slightly ahead of an LSEG SmartEstimate of ₩106.1 trillion.
The forecast marks Samsung’s fourth …
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