The Top Spot in the Ranking of the World's Highest-Earning Companies Has Changed Hands - Sözcü Newspaper.
4 Articles
4 Articles
Samsung Electronics reported operating profit of 107.4 trillion won in the third quarter of 2026, equivalent to approximately $75 billion. This represents a 783% year-on-year increase and surpasses the previous leader Nvidia's projected operating profit of 97 trillion won for the same period.
Samsung Electronics surpassed Nvidia with an operating profit of 107.4 trillion won in the third quarter of 2026. The company's profit increased by 783 percent year-on-year, driven by demand for advanced memory chips used in AI data centers. Analysts predict Samsung could reach record levels again in the final quarter of the year.
South Korean technology giant Samsung Electronics surpassed Nvidia with an operating profit of 107.4 trillion won in the third quarter of 2026. The 783% year-on-year increase in profit highlighted the impact of demand for memory chips for artificial intelligence infrastructure on the company's financial performance.
Samsung anticipated a year-on-year increase of 783% in its quarterly operating profit, driven by demand for memory for AI. Its shares dropped 0.2% at the opening of October 8th; that movement, by itself, does not allow to identify a specific motive nor confirms doubts from investors.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
