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Samsung’s chip profit soars after AI fuels demand for memory

South Korea’s largest company, which reported upbeat preliminary operating profit and revenue earlier this month, said on Thursday net income totaled 12.01 trillion won, beating analysts’ estimate of 9.29 trillion won.

Bloomberg
October 30, 2025 / 06:49 IST
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Samsung has been mobilizing its vast resources to better position itself in a fierce global contest where big spenders including OpenAI and Meta Platforms Inc. are amassing computing power for their AI services.
Bloomberg
first published: Oct 30, 2025 06:49 am

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