Thursday, 8 October, 2026
Silicon Gold Rush: Samsung Smashes Records with Stunning $80 Billion Profit on AI Boom
By TechShots Studio
Samsung Electronics has forecasted a historic third-quarter operating profit of 107.4 trillion won ($80.18 billion), marking a nearly nine-fold surge year-over-year. Driven by an insatiable global appetite for artificial intelligence infrastructure, high-bandwidth memory (HBM), and tight semiconductor supplies, the milestone makes Samsung the first South Korean company—and the first major global tech firm—to clear 100 trillion won in a single quarter.
Read full story at REUTERS