Samsung Electronics third-quarter profit in line with estimates amid rising demand for AI memory chips

Samsung Electronics reported third-quarter net profit in line with analyst estimates, driven by increased demand for artificial intelligence memory chips. The company released earnings results on Thursday. Samsung had previously guided for third-quarter operating profit of 6.3 trillion won.

• CNBC — Samsung Electronics third-quarter profit in line with estimates amid rising demand for AI memory chips
• MarketWatch — Samsung Electronics earned nearly as much as Microsoft and Alphabet combined. What the Korean giant is now saying about the memory-chip outlook.

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