Samsung Set for Highest Q3 Profit in Three Years as AI Boom Boosts Chip Prices
Samsung Electronics is on track to record its best third-quarter profit in three years, thanks to soaring demand for artificial intelligence (AI) and a sharp rebound in memory chip prices. Analysts forecast Samsung’s operating profit to reach 10.1 trillion won ($7.1 billion) — a 10% increase compared to last year, signaling a strong recovery for…