Samsung forecasts a 56% decline in profits for Q2, struggling with AI demand and competition in the high-bandwidth memory chip market.

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

Samsung saw Q2  semiconductor profit fall 56% y-o-y and 31% q-o-q to $3.34 billion. Continued losses in the foundry business, delays in delivering HBM, ...

Samsung Electronics on Tuesday projected a far worse than expected 56% plunge in second-quarter operating profit due to weak ...

The technology giant has been struggling to catch up with smaller chip-making rivals that have benefited from brisk shipments ...

Samsung Electronics said on Tuesday it had signed an agreement to acquire Xealth, a U.S.-based healthcare platform, as part of its efforts to expand its mobile healthcare services business. Samsung ...

US chip curbs and HBM3E delays dent profit forecast Samsung Electronics stunned markets by forecasting a 56 per cent plunge ...

NVIDIA is broadening the range of memory chip suppliers for its upcoming GeForce RTX 50 series graphics cards by adding Micron to the mix. Until now, NVIDIA has primarily relied on Samsung and SK ...

STORY: Samsung warned Tuesday (July 8) that it is set to miss earnings targets by a wide margin.The South Korean giant projected a 56% plunge in second-quarter operating profit, far worse than ...

Samsung Electronics expects a rebound in demand and sales of premium high bandwidth memory (HBM) chips, despite reports that ...

In addition to testing out and rounding up the best products, she also covers deals for Mashable, paying an especially ...

Samsung forecasts a 55.9 per cent fall in Q2 profit due to weak chip demand, US trade curbs, and inventory costs. Q3 recovery expected with higher HBM demand and improved foundry utilisation.