https://www.live-feeds.com/feed/samsung-profit-surges-ninefold-to-80bn-on-ai-chip-demandContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/samsung-profit-surges-ninefold-to-80bn-on-ai-chip-demandhttps://www.live-feeds.com/feed/samsung-profit-surges-ninefold-to-80bn-on-ai-chip-demand#u118820Mon, 12 Oct 2026 23:37:33 +0000Samsung Electronics reported a record third-quarter profit of $80 billion, driven by a ninefold increase in operating profit to 107.4 trillion won. The surge is attributed to the AI boom and strong demand for memory chips. This marks Samsung's fourth consecutive quarter of record operating profit.Why it mattersThe AI boom has led to a prolonged memory shortage, with demand for AI infrastructure outstripping supply growth. Samsung's memory chip business has benefited from this trend, contributing to its record profit. The company's latest folding devices, launched in August, are