[Samsung Q3 Operating Profit Soars 783%, AI Memory Boom Drives Chip Business Profitability] Odaily Planet Daily News – Samsung Electronics announced preliminary third-quarter results on Thursday, reporting a 783% year-on-year surge in operating profit for Q3, with a 20.01% increase quarter-on-quarter, slightly exceeding analysts' expectations. This growth was primarily driven by a sharp rise in demand for artificial intelligence chips, which significantly boosted profitability in the memory business. Regulatory filings show that the world's largest memory chip manufacturer expects operating profit for the July-September period to reach 107.4 trillion Korean won (approximately $80.17 billion), surpassing the market forecast of 106.1 trillion Korean won. This marks Samsung's fourth consecutive quarter of record-breaking operating profit. Its Q3 revenue is estimated at 195 trillion Korean won, a 127% year-on-year increase, though slightly below the market forecast of 199 trillion Korean won. Samsung Electronics is set to release its full earnings report later this month.