Samsung reports Q3 operating income fell 78% QoQ to ~$1.8B and revenue fell 13% QoQ to ~$49.6B, suggesting the global chip market may have started to recover (Yoolim Lee/Bloomberg)

Yoolim Lee / Bloomberg:
Samsung reports Q3 operating income fell 78% QoQ to ~$1.8B and revenue fell 13% QoQ to ~$49.6B, suggesting the global chip market may have started to recover  —  - Profit fall of 78% smaller than prior quarter's record plunge  — AI-related demand seen key to memory chip price recovery

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