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Datacenters & Chips Β· first seen 28 October 2026, 23:52 UTC

Samsung posts record quarterly profit as AI memory boom lifts chip demand

Record Samsung profit shows AI memory demand now drives the semiconductor cycle.

Samsung Electronics reported record quarterly operating profit, topping 100 trillion won for the first time, as AI memory demand surged. Its chip division's 15-fold profit jump still missed estimates, and the device division stayed in loss.

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