Samsung's Surprise Profit Surge: Q3 Earnings

Samsung's Q3 Profits Soar: How Memory Chips Drove a $9 Billion+ Quarter. Samsung just dropped a bombshell, announcing a 32% jump in operating profits, exceeding expectations and hitting a 3-year high. Strong demand and rising prices for traditional memory chips used in servers and AI fueled the surge, offsetting slower progress in advanced high bandwidth memory. Revenue also climbed nearly 9%, signaling overall growth despite mixed results in cutting-edge tech. Get ready for a deeper dive later this month as Samsung unveils the full story behind its impressive quarter.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.