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AI, Samsung and memory chips

Reuters on MSN · 2d

Samsung Elec Q2 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 delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia.

The American Bazaar · 15h

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 · 23h

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

Mint Primer: Are firms wasting their money on AI agents?

Most firms are still trying out AI agents, hailed by Big Tech as game changers. Analysts warn that many of these may be ...

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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