SEOUL, Oct 14 (Reuters) - Samsung Electronics ( SSNLF )

on Tuesday projected a 32% rise in third-quarter

operating profit from a year earlier, well ahead of analysts'

estimates, as demand for conventional memory chips helped offset

weaker high bandwidth memory chip sales.

The world's largest memory chipmaker estimated an operating

profit of 12.1 trillion won for the July-September period,

versus a 10.1 trillion won LSEG SmartEstimate, marking its

highest quarterly profit in more than three years.

Samsung's third-quarter results reflected a gradual recovery

in the memory market, as strong demand for server and AI-related

chips boosted prices and shipments of conventional DRAM and NAND

products.

Although progress in supplying advanced high bandwidth

memory (HBM) chips to major clients such as Nvidia ( NVDA ) was

slower than expected, gains in commodity memory, also supported

by tight supplies, helped cushion the impact, analysts said.

Revenue would likely rise 8.7% to 86 trillion won from a

year earlier, the filing showed.

Samsung is expected to release detailed results including a

breakdown of earnings for each of its businesses later this

month.