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Samsung Posts 1st Profit Drop Since 2023

Bloomberg on MSN · 2d

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.

Financial Times · 1d

Samsung profits take big hit from US chip controls and AI memory shortfalls

China export restrictions affect foundry business while Nvidia has yet to approve tech group’s advanced products

2d

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 ...

1don MSN

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 ...

2don MSN

Samsung predicts profit slump as its HBM3e apparently continues to underwhelm Nvidia

Samsung's challenges bringing HBM3e to market have been a boon for rival SK Hynix, which has become Nvidia's primary supplier ...

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 ...

11hon MSN

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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