Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix.

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Samsung says it is making headway in AI chip supply after disappointing results

Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter

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Samsung reports 'major' progress in supply deal for AI chips

Samsung Electronics said it would focus on producing high-end chips and was making progress on a major supply deal, as it sought to allay investor concerns over its semiconductor business that suffered a 40% quarter-on-quarter profit plunge.

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SEOUL, South Korea (AP) — Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter. The South Korean technology giant said its operating profit for the July-September period increased by more than 277% from a year earlier to 9.18 trillion won ($6.65 billion). Continue reading at The Republi…

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Associated Press SEOUL, South Korea (AP) — Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter. The South Korean technology giant said Thursday its operating profit for the July-September period increased by more than 277% from a year earlier to $6.65 billion. But the figure represented a 12% …

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Although operating profit nearly tripled compared to a year ago, it was down 12 per cent compared to the previous quarter.

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Samsung’s third quarter operating profits soar to US$6.6 bn but misses forecast

The semiconductor unit reported third-quarter operating profit of 3.86 trillion won (about $2.8 billion), down 40% from the previous quarter.

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Samsung Electronics' chip profit shrinks 40% from the previous quarter

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SEOUL, South Korea (AP) -- Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter.

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Samsung posts weaker profit recovery as it misses out on AI boom

Samsung posts weaker profit recovery as it misses out on AI boom

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