Yoolim Lee / Bloomberg:

Samsung reports preliminary Q3 operating profit up 782% YoY to ~$80.1B, vs. ~$81.2B est., and revenue up 127% to ~$145.7B, lower than expected  —  Samsung Electronics Co. posted another record profit as surging memory chip prices and relentless spending on artificial-intelligence infrastructure boosted its earnings.

Yoolim Lee / Bloomberg:

Samsung reports preliminary Q3 operating profit up 782% YoY to ~$80.1B, vs. ~$81.2B est., and revenue up 127% to ~$145.7B, lower than expected  —  Samsung Electronics Co. posted another record profit as surging memory chip prices and relentless spending on artificial-intelligence infrastructure boosted its earnings.