Report
Samsung forecasts record $80 billion in third-quarter operating profit
Reuters reports Samsung’s projection would be the first tech-company quarterly profit above 100 trillion won.
TLDR
Samsung forecasts about $80 billion in third-quarter operating profit, CNBC reports. Reuters says that would be a nearly ninefold jump, driven by strong memory sales amid booming AI-chip demand. Before Samsung issued the forecast, Reuters reported that chip margins might be flat.
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