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Samsung Posts 1st Profit Drop Since 2023

Bloomberg on MSN · 1d

Samsung Posts First Profit Drop Since 2023 After AI Chip Delays

Samsung Electronics Co.’s profit shrank more than expected after encountering hiccups in plans to sell cutting-edge AI memory to Nvidia Corp.

Samsung flags big miss in second-quarter profit, blames US AI chip curbs on China

Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak AI chip sales, deepening investor concerns over the tech giant's ability to revive its struggling semiconductor business.

Samsung's profit plunges as AI chip woes and US tariffs bite

The South Korean tech giant attributed its disappointing results to a combination of US export restrictions on advanced artificial intelligence chips bound for China and ongoing

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Samsung Electronics second-quarter profit likely to drop 39% on weak AI chip sales

Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by ...

2hon MSN

Samsung's bet on foldable phones faces major test with slimmer new model

Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in ...

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Samsung's brutal profit plunge shows how far the company has slipped in the chip war

Analysts have said that Samsung has been declining, losing out to competitors because of factors other than the US export ...

Samsung Foundry could make NVIDIA's next-gen GPUs on its in-house 2nm process node

Samsung Foundry is pushing for orders from NVIDIA and its next-gen GPUs using its GAA 2nm process node, would help it win ...

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Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year ...

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