Samsung profit falls 13% amid struggles to supply chips to Nvidia

SEOUL — Samsung Electronics' operating profit fell almost 13% in the third quarter from the previous three-month period as the company struggled to supply its artificial intelligence memory chips to US chipmaker Nvidia.

Samsung announced Tuesday that operating profit for the three months to September fell 12.8% from the previous quarter to 9.1 trillion won ($6.8 billion). In the same period, its revenue increased by 6.7% to 79 trillion won.

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