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Samsung, profit plunge

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.

Samsung's profit plunges as AI chip woes and US tariffs bite

The South Korean tech giant attributed its disappointing results to a combination of US export restrictions on advanced artificial intelligence chips bound for China and ongoing

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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.

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Samsung says new foldable phones with AI ‘ready to become mainstream’ — but price is still high

Samsung Electronics on Wednesday unveiled thinner, lighter new foldable phones as it aims to fend off Chinese competition in ...

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Chipmaker Nvidia becomes most valuable company in the world at $4 trillion

NEW YORK (AP) — Chipmaker Nvidia became the first public company to top $4 trillion in value on Wednesday after two-year ...

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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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Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

According to the smart estimates, Samsung was expected to post an operating profit of 6.26 trillion won ($4.57 billion) for ...

Samsung Foundry could make NVIDIA's next-gen GPUs on its in-house 2nm process node

Samsung Foundry is pushing for orders from NVIDIA and its next-gen GPUs using its GAA 2nm process node, would help it win ...

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Micron Stock Rises. Why Its Chips Can Grab Market Share After Nvidia Supply News.

Micron Technology is gaining ground at the expense of Samsung as the two companies compete to sell memory chips to AI ...

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