Categories: Technology

Samsung posts record profit in Q3 on AI chip boom

SEOUL, Oct 29 (Reuters) – Samsung Electronics said on Thursday its operating profit rose nearly ninefold to a record high in the third quarter, driven by robust demand…

Add NewsX As A Trusted Source
Add as a preferred
source on Google
Published by
Published: October 29, 2026 06:28:06 IST

SEOUL, Oct 29 (Reuters) – Samsung Electronics said on Thursday its operating profit rose nearly ninefold to a record high in the third quarter, driven by robust demand for AI chips, even as investors

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Published by
Published: October 29, 2026 06:28:06 IST

Recent Posts

Cash is king as investors draw new battle lines in AI spending boom

By Aditya Soni and Deborah Mary Sophia Oct 29 (Reuters) - Cash flow is king…

October 29, 2026

Fans pack Mexico City's Reforma avenue for Sergio Perez show run before Grand Prix

VIDEO SHOWS: FORMULA 1 DRIVER SERGIO PEREZ DRIVING SHOW RUN IN MEXICO CITY AHEAD OF…

October 29, 2026

South Korea says North Korea's weapons deployment near border appears to be for show

SEOUL, Oct 29 (Reuters) - South Korea's defence ministry said on Thursday North Korea's deployment…

October 29, 2026