Samsung Electronics reported third-quarter operating profit broadly in line with analysts' expectations, as demand for advanced memory chips used in AI applications kept growing. Revenue reached 195.25 trillion won (LSEG SmartEstimates expected 195.79 trillion won), and operating profit reached 107.44 trillion won (expected 107.66 trillion won). Year-on-year, revenue rose 126.88% and operating profit rose 783.11%, while revenue increased 13.85% from the previous quarter. During the quarter, Samsung and five affiliates announced a combined $1 billion investment in KKR-backed Helix Digital Infrastructure, with Samsung contributing $500 million. Samsung also partnered with French AI startup Mistral AI to apply AI technologies across its semiconductor operations, including chip design and manufacturing, and led Mistral's Series D funding round.
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semiconductorsartificial intelligenceearningsSamsungSouth Korea
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 10/28/2026 | 215.39 |
| Change that session | -1.17% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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