Thursday, 29 October, 2026
Memory Monopoly: AI Chip Demand Powers Samsung to Record Q3 Profits
By TechShots Studio
Samsung Electronics posted a record third-quarter operating profit of 107.4 trillion won (~$80 billion), representing a nearly ninefold increase year-over-year. The historic surge was propelled by tight semiconductor supplies and booming global demand for high-bandwidth memory (HBM) chips required for artificial intelligence data centers, cementing the tech giant’s dominant role in the ongoing enterprise AI infrastructure boom.
Read full story at REUTERS