Close Menu
  • Home
  • Tech&AI
    • Claude AI
    • Chatgpt
    • Gemini
    • Grok
  • News
    • Canada
    • United States
    • Australia
    • Europe
    • Asia
    • Africa
    • Politics
  • Classifieds Toronto
  • Service Canada
    • Immigration and citizenship
    • Renew your passport online in Canada
    • Service Canada
    • Service Ontario
      • Service Toronto
    • Service Alberta
      • Service Edmonton
      • Service Calgary
    • British Columbia
      • Victoria
      • Vancouver
    • Manitoba
      • Winnipeg
    • Quebec
      • Quebec City
      • Montreal
    • Newfoundland and Labrador
      • St. John’s
    • New Brunswick
      • Fredericton
      • Saint John
    • Nova Scotia
      • Halifax
    • Prince Edward Island
      • Charlottetown
    • Saskatchewan
      • Regina
      • Saskatoon
  • Education&Jobs
    • Universities in Canada
    • Toronto public schools
    • Free English lessons
    • Language Assessment and Referral Services
    • Toronto Public Library
    • Jobs in Canada
    • Job-Manpower
  • Home&Lifestyle
    • Buy or Rent a house
      • Realtor
      • Apartments for Rent in Toronto
    • Health
      • General hospital locations
      • Find a doctor or nurse
      • Health Canada
      • Toronto Health & Wellness
      • LifeLabs-Canada’s largest lab
    • Travel
      • Travel and tourism
      • Visit Toronto
      • Air Canada
    • Entertainment
    • Sports
  • Business
    • Finance
      • TD Bank
      • RBC Bank
      • CIBC Bank
      • BMO Bank
      • Scotia Bank
      • National Bank
    • Investing
      • Invest Canada
    • Companies
      • Ontario Business Registry
      • Trademarks
    • Stocks
      • Toronto stock Exchange
      • The New York Stock Exchange
      • Nasdaq: Stock Market
      • Yahoo Finances
    • Markets
      • Exhibition place
      • Metro Toronto Convention Centre
      • THE INTERNATIONAL CENTRE
      • Traders Forum Show
    • Crypto
    • Economy
  • Store
    • Make grocery shopping simple
    • Shopping Centres & Department Stores
    • COSTCO
    • Canadian Tire
    • Home Depot
    • Walmart
    • Foodbanks & Charities
  • Free TV
    • Free TV
    • Watch Free Movies Online with Plex
    • Korean TV
  • Free Games
    • Free Game1
    • Free game2
    • Europe
What's Hot

Kalumburu airstrip upgrades complete

October 7, 2026

Commentary: UMNO’s dark September – twin storms threaten party’s ‘blue wave’

October 7, 2026

EU-China trade talks begin in Beijing amid escalating pressure | European Union News

October 7, 2026
Facebook X (Twitter) Instagram
Wednesday, October 7
The Smart Times Toronto
Subscribe
  • Home
  • Tech&AI
    • Claude AI
    • Chatgpt
    • Gemini
    • Grok
  • News
    1. Canada
    2. United States
    3. Australia
    4. Europe
    5. Asia
    6. Africa
    7. Politics
    8. View All

    Premier Smith brushes off NDP’s Alberta voter list court battle, says legislation coming

    October 7, 2026

    Lawyer seeks order forcing Quebec legislature members to swear oath to the King – Montreal

    October 7, 2026

    Saskatoon Tribal Council inks $269M federal contract for child and family services

    October 7, 2026

    Community calls for justice on what would have been Devon Marsman’s 21st birthday – Halifax

    October 7, 2026

    NYC mother killed in alleged balcony push, baby critical as NYPD seeks suspect

    October 7, 2026

    Abdul El-Sayed reportedly called Hasan Piker to tone down rhetoric

    October 7, 2026

    DNC sues Trump over $20M in taxpayer funds used for 2026 midterm ads

    October 7, 2026

    Chiefs owner’s wife Tavia Hunt has heard enough about how they get all the calls and she’s sick of it

    October 7, 2026

    Kalumburu airstrip upgrades complete

    October 7, 2026

    ‘Window is narrow’: Australian native animal populations plunge 70 per cent in WWF report

    October 7, 2026

    Bankers race to save Firmus after IPO price spooks investors

    October 7, 2026

    War and Peace- Trump says he should get Nobel prize

    October 7, 2026

    Commentary: UMNO’s dark September – twin storms threaten party’s ‘blue wave’

    October 7, 2026

    Thailand, US writing ‘final paragraph’ of trade deal, says PM Anutin

    October 7, 2026

    Malaysia budget 2027: Anwar faces balancing act on cost-of-living relief as general election looms

    October 7, 2026

    Decoding Japan PM Takaichi’s ‘important neighbour’ message to China – what it means for ties

    October 7, 2026

    Jeff Bezos tells Bret Baier US will beat China to the moon, eyes 2028 landing

    October 7, 2026

    Maduro expected to face new charges alleging torture of Americans in Venezuelan prisons, sources say

    October 7, 2026

    Nicolás Maduro, wife expected to face new torture charges in Manhattan court

    October 7, 2026

    Union alleges Bureau of Prisons in contempt for failing to reinstate collective bargaining agreement

    October 7, 2026

    Kalumburu airstrip upgrades complete

    October 7, 2026

    Commentary: UMNO’s dark September – twin storms threaten party’s ‘blue wave’

    October 7, 2026

    EU-China trade talks begin in Beijing amid escalating pressure | European Union News

    October 7, 2026

    NYC mother killed in alleged balcony push, baby critical as NYPD seeks suspect

    October 7, 2026
  • Classifieds Toronto
  • Service Canada
    • Immigration and citizenship
    • Renew your passport online in Canada
    • Service Canada
    • Service Ontario
      • Service Toronto
    • Service Alberta
      • Service Edmonton
      • Service Calgary
    • British Columbia
      • Victoria
      • Vancouver
    • Manitoba
      • Winnipeg
    • Quebec
      • Quebec City
      • Montreal
    • Newfoundland and Labrador
      • St. John’s
    • New Brunswick
      • Fredericton
      • Saint John
    • Nova Scotia
      • Halifax
    • Prince Edward Island
      • Charlottetown
    • Saskatchewan
      • Regina
      • Saskatoon
  • Education&Jobs
    • Universities in Canada
    • Toronto public schools
    • Free English lessons
    • Language Assessment and Referral Services
    • Toronto Public Library
    • Jobs in Canada
    • Job-Manpower
  • Home&Lifestyle
    • Buy or Rent a house
      • Realtor
      • Apartments for Rent in Toronto
    • Health
      • General hospital locations
      • Find a doctor or nurse
      • Health Canada
      • Toronto Health & Wellness
      • LifeLabs-Canada’s largest lab
    • Travel
      • Travel and tourism
      • Visit Toronto
      • Air Canada
    • Entertainment
    • Sports
  • Business
    • Finance
      • TD Bank
      • RBC Bank
      • CIBC Bank
      • BMO Bank
      • Scotia Bank
      • National Bank
    • Investing
      • Invest Canada
    • Companies
      • Ontario Business Registry
      • Trademarks
    • Stocks
      • Toronto stock Exchange
      • The New York Stock Exchange
      • Nasdaq: Stock Market
      • Yahoo Finances
    • Markets
      • Exhibition place
      • Metro Toronto Convention Centre
      • THE INTERNATIONAL CENTRE
      • Traders Forum Show
    • Crypto
    • Economy
  • Store
    • Make grocery shopping simple
    • Shopping Centres & Department Stores
    • COSTCO
    • Canadian Tire
    • Home Depot
    • Walmart
    • Foodbanks & Charities
  • Free TV
    • Free TV
    • Watch Free Movies Online with Plex
    • Korean TV
  • Free Games
    • Free Game1
    • Free game2
    • Europe
The Smart Times Toronto
Home»Tech
Tech

Samsung forecasts record third-quarter profit of $80 billion on the back of AI boom

Press RoomBy Press RoomOctober 7, 2026No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Reddit Telegram WhatsApp
Share
Facebook Twitter LinkedIn Pinterest Reddit Telegram WhatsApp

The Samsung logo represents the global technology leader and South Korean company Samsung Electronics, known for its Exynos and Snapdragon-powered mobile ecosystems, AMOLED display innovation, and the integration of Galaxy AI across its high-end device lineup. It is displayed on a large-scale illuminated sign during the Mobile World Congress (MWC) in Barcelona, Spain, on March 4, 2026. (Photo by Joan Cros/NurPhoto via Getty Images)

Nurphoto | Nurphoto | Getty Images

Samsung Electronics on Thursday reported third-quarter preliminary operating profit of 107.40 trillion won ($80.2 billion), surging past 100 trillion won for the first time in the company’s history as booming demand for artificial intelligence continues to fuel its chips business.

Quarterly operating profit jumped 782% from a year earlier. Revenue came in at about 195 trillion won, up nearly 127% from the same period last year.

Samsung, the world’s largest memory chipmaker, has benefited from surging demand for memory used in AI infrastructure. In the second quarter, the company posted record revenue of 171.5 trillion won and record operating profit of 89.5 trillion won, driven by its memory business.

The company has also stepped up investments and partnerships tied to AI. In September, Samsung announced a strategic partnership with French artificial intelligence startup Mistral AI, with plans to deploy the startup’s AI models across its semiconductor operations.

Samsung is expected to release its full third-quarter earnings, including a breakdown by business division, later this month.

Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Share. Facebook Twitter Pinterest LinkedIn Reddit Telegram WhatsApp
Press Room
  • Website

Keep Reading

Microsoft starts taking preorders for $2,599 Surface Laptop Ultra

CLEAR announces partnership with Veterans Affairs

Google ordered to halt work on two data centers in ‘Texas of Europe’

AI is both the hope and the hazard for world leaders, IMF chief says

Trillions are being ‘wasted’ on the AI boom, Arthur Hayes says

Jim Cramer’s AI stock picks: Meta, Microsoft and more

Add A Comment
Leave A Reply Cancel Reply

THJ MAILBOX SERVICES
GOLDBAY TELECOM INC.
Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

News

  • World News
  • United States
  • Canada
  • Europe
  • Australia
  • Asia
  • Africa

Business

  • Stocks
  • Economy
  • Finance
  • Investing
  • Markets
  • Companies
  • Crypto

SITE LINKS

  • Newsletter
  • Community
  • Work with us
  • Press Room
  • Media
  • Cookie Policy
  • About Us

Subscribe to Updates

Get the latest politics, business, sports, lifestyle, and many more news directly to your inbox.

© 2026 The Smart Times Toronto. All Rights Reserved.
  • Privacy Policy
  • Terms
  • Press Release
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.