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Samsung's preliminary Q3 operating profit rises 782% year over year
Techmeme, citing Bloomberg, puts operating profit at about $80.1 billion, below the roughly $81.2 billion estimate.
TLDR
Techmeme, citing Bloomberg, says Samsung reported preliminary Q3 operating profit of about $80.1 billion, up 782% year over year but below an estimated $81.2 billion. Revenue rose 127% to about $145.7 billion, also lower than expected. A separate poster credits the profit surge to the AI chip boom.
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