🇬🇧 Samsung flags 783% profit jump to record $80bn as AI chip boom also lifts TSMC sales

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Samsung Electronics estimated on Thursday that its third-quarter operating profit jumped almost ninefold to a record 107.4 trillion won, or $80.2 billion, while sales at Taiwan’s TSMC hit a quarterly record, as the AI boom keeps demand for chips strong.

Source: euronews

Country: United Kingdom