Coverage dated October 28, 2026 to October 29, 2026
Samsung keeps shattering profit records as AI boom lifts chip demand
Headline from WTOP Washington DC
SEOUL, South Korea (AP) — Samsung Electronics said Thursday that its operating profit for the last quarter reached a record 107.4 trillion won ($80.5 billion), fueled by surging demands for its computer memory chips used in artificial intelligence systems.
WTOP Washington DC's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Samsung Electronics Co.’s semiconductor division’s 15-fold surge in profit just missed estimates, tempering resurgent enthusiasm for bets on the artificial intelligence infrastructure build-out.
SEOUL, South Korea (AP) — Samsung Electronics said Thursday that its operating profit for the last quarter reached a record 107.4 trillion won ($80.5 billion), fueled by surging demands for its computer memory chips used in artificial intelligence systems.