New Delhi, Oct. 29 -- Samsung Electronics fired back in the artificial intelligence chip race by posting a record third-quarter operating profit of 107.44 trillion won (~USD 80.19 billion), according to a news report by The Korea Herald.

The financial performance made Samsung the first global technology company to cross 100 trillion won (~USD 74.64 billion) in quarterly operating profit. Operating earnings surged 783.1 per cent from a year earlier, while revenue rose 126.9 per cent to 195.25 trillion won (~USD 145.73 billion), marking a fourth consecutive quarterly record. Net profit climbed 514.6 per cent on-year to 75.14 trillion won (~USD 56.09 billion).

Earnings momentum came from the company's semiconductor operations, where revenu...