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Micron Rival Samsung's Outlook Gets a $70 Billion Jolt
GuruFocus ·
GuruFocus reports: Samsung Electronics (SSNLF) is heading into what could be the strongest quarter in its history, with analysts expecting third-quarter operating profit of roughly 105.41 trillion won, or about $70 billion, as surging AI demand pushes memory prices and margins sharply higher. If the forecast holds, Samsung would post its fourth consecutive quarter of record revenue and operating profit, underscoring how dramatically the memory cycle has turned. Samsung is one of the world's…