Samsung Electronics reports third-quarter profit in line with estimates
Samsung Electronics posted third-quarter revenue of 195.25 trillion won, just shy of the 195.79 trillion won forecast, and operating profit of 107.44 trillion won, near the 107.66 trillion won estimate. Revenue jumped 126.88% year‑on‑year and rose 13.85% from the prior quarter, while operating profit surged 783.11% from a year earlier, driven by growing demand for advanced memory chips used in…
Key points
- Samsung Electronics posted Q3 revenue of 195.25 trillion won, slightly below the 195.79 trillion won estimate.
- Operating profit was 107.44 trillion won, near the 107.66 trillion won forecast, up 783.11% YoY.
- Samsung announced a $1 billion investment in Helix Digital Infrastructure and a partnership with Mistral AI, leading its Series D round.
During the quarter Samsung and five affiliates committed a combined $1 billion to KKR‑backed Helix Digital Infrastructure, with Samsung contributing $500 million. The company also announced a partnership with French AI startup Mistral AI to apply AI technologies in its semiconductor operations, including chip design and manufacturing, and led Mistral’s Series D funding round.
These moves underscore Samsung’s strategy to deepen its role in the AI hardware ecosystem, leveraging its memory‑chip leadership while investing in AI‑focused infrastructure and collaborations.
Samsung Electronics third-quarter profit in line with estimates amid rising demand for AI memory chips
CNBC Technology · 29 October 2026
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