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00:02Samsung Electronics said third quarter preliminary operating profit reached $107.40 trillion
00:08$80.2 billion, topping $100 trillion for the first time in company history as AI demand
00:14fueled its chips business. According to CNBC, the world's largest memory chip maker has
00:19benefited from rising demand for memory used in AI infrastructure. Samsung posted record
00:24second quarter revenue of $171.5 trillion and record operating profit of $89.5 trillion,
00:31driven by its memory business. The company has also expanded AI investments and partnerships,
00:37including a September agreement with French startup Mistral AI to deploy its models across
00:41Samsung's semiconductor operations. Samsung is expected to release full third quarter earnings
00:47later this month. For all things money, visit Benzinga.com.
