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Samsung Projects 56% Plunge In Profit As Weak AI Chip Sales Deepen Investor Concerns
Samsung Electronics has projected a 56% year-on-year plunge in second-quarter operating profit, far worse than market expectations, as weak sales of artificial intelligence (AI) chips deepen concerns over the tech giant’s ability to revive its struggling semiconductor business.
The South Korean technology giant has been struggling to catch up with smaller chip-making rivals SK Hynix and Micron ...
Samsung's challenges bringing HBM3e to market have been a boon for rival SK Hynix, which has become Nvidia's primary supplier ...
US chip curbs and HBM3E delays dent profit forecast Samsung Electronics stunned markets by forecasting a 56 per cent plunge ...
Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by ...
THE CHOSUNILBO on MSN8h
Samsung stumbles on chip woes, missing Q2 targets by wide marginSamsung Electronics reported sharply weaker-than-expected earnings for the second quarter, as persistent losses in its semiconductor and foundry businesses—particularly in high-bandwidth memory ...
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