Samsung Q3 Profit Seen Up Ninefold on AI Chip Demand

Samsung Electronics is expected to report a nearly ninefold surge in Q3 operating profit, driven by AI-driven memory demand, though analysts trimmed forecasts ~8% since late August on moderating chip prices and a stronger won. The LSEG Smart Estimate pegs operating profit at 106.1 trillion won ($79.1B), based on 21 analysts. This underscores AI's outsized impact on semiconductor earnings, but the forecast cut signals some cooling in the memory upcycle.