Samsung Q3 profit in line with estimates on AI memory demand

Samsung Electronics reported third-quarter revenue of 195.25 trillion won and operating profit of 107.44 trillion won, broadly matching analyst estimates. Revenue rose 126.88% year on year and operating profit jumped 783.11%. Samsung will invest $500 million in Helix Digital Infrastructure and expand its Mistral AI partnership to chip design and manufacturing.

• Revenue 195.25 trillion won vs. 195.79 trillion won expected
• Operating profit 107.44 trillion won, up 783.11% year on year
• Samsung to invest $500 million in Helix Digital Infrastructure
• Mistral AI partnership covers chip design and manufacturing