← October 8, 2026 briefing
Samsung Posts Record $80bn Profit on AI Chip Surge
Economy

Samsung Posts Record $80bn Profit on AI Chip Surge

Samsung has reported a record quarterly profit of $80 billion, driven by surging demand for AI memory chips. The result cements the South Korean giant's position as the world's largest memory-chip maker and signals that the AI hardware boom is still very much running hot.

Sources

More from today's briefing

Democrats Sue Trump Over $12m Taxpayer-Funded Self-Promotion Ads
Politics

Democrats Sue Trump Over $12m Taxpayer-Funded Self-Promotion Ads

Houthi Strikes Kill Three at Saudi Airports
World

Houthi Strikes Kill Three at Saudi Airports

WHO Presses Russia for Details on Plague Lab Death
Health

WHO Presses Russia for Details on Plague Lab Death

Margaret Hamilton, Apollo Software Pioneer, Dies at 90
Science

Margaret Hamilton, Apollo Software Pioneer, Dies at 90