Samsung Q3 profit seen surging nearly nine-fold as AI chip demand soars (SSNLF:OTCMKTS)

Samsung Electronics (SSNLF) estimates a nearly nine-fold year-over-year increase in quarterly operating profit, but the record result still fell short of lofty expectations.

The world’s largest memory chipmaker posted a preliminary operating profit of 107.4T won ($80.1B) for the quarter ended