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Samsung, AI and Q2 profit

Reuters on MSN · 4h

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.

Markets Insider on MSN · 2h

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 restrictions.

Financial Times · 4h

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 giant’s advanced products

A Samsung Tri-Fold Phone Could Be Coming, According to a Leak

Ahead of Samsung's Unpacked event this week, rumors are swirling about the imminent release of a so-called "Galaxy G Fold" ...

1d

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 ...

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