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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 · 19h

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

The American Bazaar · 8h

Samsung projects a catastrophic plunge in profits due to weak AI chip sales

Samsung Electronics faces a pivotal moment in the AI chip market, battling weak profits, delayed HBM shipments, and U.S. export curbs while investing heavily to regain leadership.

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 ...

5h

Samsung Profits Slump 55.9% Semiconductors A Major Problem

Days after arch rival LG posted a 47% fall in profits Samsung Electronics has posted another shock earnings result with their ...

18hon MSN

Samsung One UI 8.5 update: release date, eligible devices, and new features

Here's everything you need to know about Samsung's One UI 8.5 update, including the release date, eligible devices, and new ...

4d

Samsung tri-fold's eye-watering price tag may not be the only thing stopping you from buying it

A new report has shared some details about the Samsung tri-fold's specifications, pricing, and availability, and there's bad ...

Yonhap News (English) on MSN1d

(2nd LD) Samsung Electronics estimates 56 pct drop in Q2 operating profit on chip slump, U.S. trade policies

Q2 earnings guidance SEOUL, July 8 (Yonhap) -- Samsung Electronics Co. on Tuesday estimated its second-quarter operating ...

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