Samsung Electronics reported third-quarter revenue of 195.25 trillion won and operating profit of 107.44 trillion won, broadly in line with analysts’ estimates. Revenue increased 126.88% from the same quarter a year earlier, while operating profit rose 783.11%. The growth was driven in part by rising demand for advanced memory chips used in artificial intelligence applications. Samsung and five affiliates announced a combined $1 billion investment in Helix Digital Infrastructure, while the company partnered with Mistral AI and led its Series D funding round.
Source: Read the original article


