Samsung Electronics is anticipated to report its highest third-quarter profit since 2022, with an estimated operating profit of 10.1 trillion won ($7.11 billion) driven by memory chip prices and server demand. Prices of some DRAM chips surged 171.8% in the third quarter. Analysts attribute the recovery to better conventional memory chip pricing offsetting weaker sales volumes of high-bandwidth memory chips. While rivals SK Hynix and Micron have benefitted more from AI-driven demand, Samsung’s exposure to China has limited its growth. Samsung’s shares rose following chip supply deals with Tesla and OpenAI. Analysts caution about uncertainties, including potential U.S. tariffs on chips.

Read more at Yahoo Finance: Samsung set for highest Q3 profit in three years as AI demand lifts chip prices