Samsung Soars on Q3 Earnings Beat, AI Demand Fuels Optimism
Stock Market News·2025-10-30 00:38
Key TakeawaysSamsung Electronics (SSNLF) significantly exceeded Q3 2025 earnings estimates, driven by robust demand in its semiconductor division, particularly for AI-related chips.The company's net income reached ₩12.01 trillion, far surpassing the estimated ₩9.29 trillion, while operating profit hit ₩12.17 trillion, aligning with preliminary figures.Samsung anticipates continued strong demand for new smartphones and expanding AI market opportunities in Q4 2025 and into 2026, fueled by its HBM3E chip sales ...