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News

Samsung, AI and Q2

Reuters on MSN · 2d
Samsung flags big miss in Q2 profit, blames US AI chip curbs to 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.
Business Today on MSN · 2d
Samsung flags 56% profit drop in Q2 as AI chip woes and US export curbs hit semiconductor business
Samsung Electronics has projected a sharp 56% decline in its second-quarter operating profit, citing weak AI chip sales and intensifying US restrictions on advanced chip exports to China. The profit warning has sparked renewed concerns over the South Korean tech giant’s ability to turn around its struggling semiconductor division.
NewsBytes · 2d
Samsung Q2 profit plunges 56%, hit by AI chip restrictions
Samsung Electronics reports a 56% drop in operating income for Q2, marking its first profit decline since 2023 due to challenges in the memory chip market.
2d
Wall Street Breakfast Podcast: Samsung Warns Of 56% Profit Slide
Samsung warns 56% slump in Q2 profit as U.S. curbs hit AI chip business. Family Dollar officially separates from Dollar Tree.
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 ...

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