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Samsung Posts 1st Profit Drop Since 2023

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.

Reuters · 18h

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 delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia .

Yahoo Finance UK · 2h

Samsung Profit Expected to Drop 39% as HBM Chip Delays Disrupt Nvidia Supply

The setback comes as competitors SK Hynix and Micron Technology (MU, Financials) benefit from a surge in demand for HBM chips used in AI data centers. Unlike its rivals, Samsung's

46mon 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 ...

TweakTown4h

Samsung Foundry stakes survival on 2nm process node with a new special directive to fight TSMC

Samsung Foundry is now staking its survival on its 2nm process, setting a goal to secure large customers by raising 2nm ...

17h

Samsung Electronics Poised for Weak Second-Quarter Operating Profit -- Earnings Preview

OPERATING PROFIT: The South Korean technology giant is expected to post an operating profit of 6.359 trillion won, equivalent to $4.67 billion, for the three months ended June, according to a ...

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