https://www.live-feeds.com/feed/ai-chip-boom-pushes-samsung-profits-to-record-80bnContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/ai-chip-boom-pushes-samsung-profits-to-record-80bnhttps://www.live-feeds.com/feed/ai-chip-boom-pushes-samsung-profits-to-record-80bn#u117952Mon, 12 Oct 2026 11:35:56 +0000Samsung Electronics projects a record third-quarter operating profit of 107.4 trillion won, or $80.2 billion, marking an increase of roughly 783 percent compared to the previous year. The company attributes this financial surge to intense global demand for memory chips used in artificial intelligence data centres. This windfall coincides with rising quarterly sales at Taiwan Semiconductor Manufacturing Company. Samsung also anticipated a boost from folding devices released in August.Why it mattersThe massive earnings highlight how the artificial intelligence infrastructure boom continues to ge