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AI, Samsung and Q2 profit

Reuters on MSN · 20h

Samsung flags big miss in Q2 profit, blames US AI chip curbs to 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.

The American Bazaar · 9h

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.

Arise News · 17h

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.

CNET on MSN1d

ChatGPT Glossary: 53 AI Terms Everyone Should Know

AI is everywhere. From the massive popularity of ChatGPT to Google cramming AI summaries at the top of its search results, AI ...

1d

Samsung flags big miss in Q2 profit, blames US AI chip curbs on China

The world's biggest memory chipmaker blamed the profit miss on U.S. restrictions on advanced AI chips for China, but analysts ...

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