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Samsung's Q3 operating profit expected to jump nearly ninefold, but chip margins may be flat

Reuters reports robust AI demand is driving the profit outlook, though analysts have cut forecasts nearly 8% since the end of August.

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1 Source, 46m ago, first seen 46m ago

TLDR

Reuters reports Samsung Electronics is expected to post a nearly ninefold jump in third-quarter operating profit, driven by robust AI demand. Chip margins may be flat, however, and analysts have cut forecasts nearly 8% since the end of August.

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1 Source, first seen 46m ago

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Combined views

23.3K

1 Source, first seen 46m ago

4 likes4 comments2 reposts

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Reuters@ReutersSamsung's Q3 profit seen jumping nine-fold, but chip margins may be flat https://reut.rs/3TNnQUG https://reut.rs/3TNnQUG46m
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    1 Source

    Reuters@ReutersSamsung's Q3 profit seen jumping nine-fold, but chip margins may be flat https://reut.rs/3TNnQUG https://reut.rs/3TNnQUG46m
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