Samsung posts weaker profit recovery as it misses out on AI boom
- Samsung Electronics reported a 277% increase in operating profit for July-September, totaling 9.18 trillion won .
- The profit showed a 12% decline from the previous quarter, attributed to one-off costs and a weaker U.S. Dollar.
- Samsung is reportedly nearing a supply deal with Nvidia for AI-focused chips, amid competition in the high bandwidth memory chip market.
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Total News Sources0
Leaning Left5Leaning Right3Center13Last UpdatedBias Distribution62% Center
Bias Distribution
- 62% of the sources are Center
62% Center
L 24%
C 62%
14%
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