Veytics Intelligence
2026-10-29 · Yahoo

Samsung posts record quarterly profit as AI-driven chip demand surges

Investing.com-- Samsung Electronics (KS:005930) reported record quarterly revenue and operating profit on Thursday, as booming demand for artificial intelligence infrastructure drove earnings at its memory chip business to new highs. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The South Korean technology giant posted operating profit of 107.4 trillion won ($80.5 billion) for the July-September quarter, up 783% from a year earlier and 20% from the previous quarter. Revenue rose 127% year-on-year to 195.3 trillion won, while net profit increased to 75.1 trillion won from 12.2 trillion won a year earlier. Unsure what to buy ahead of earnings?

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