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Samsung Quarterly Operating Profits Plunge

Samsung Q2 profit drops 55% on weak AI chip sales, China curbs

Samsung Electronics reported on Thursday a 55% drop in second-quarter operating profit as delays in high-bandwidth memory chip shipments and U.S. export curbs on advanced chip sales to China continued to drag on its key semiconductor division.

CNN on MSN · 1h

Samsung profit tumbles as it struggles to catch up in the AI chip race

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip sector and eyeing Taiwan’s TSMC in the battle for supremacy in another.

Barron's · 8h

Samsung Quarterly Operating Profits Plunge As US Curbs Chip Exports To China

South Korean tech giant Samsung Electronics' operating profit dropped by more than 50 percent year-on-year in the second quarter, its regulatory filing showed Thursday, as US curbs on AI chip exports to China hit sales.

Samsung stock rises on Tesla partnership

USA TODAY · 1d

Samsung stock rises on Tesla partnership after $16.5 billion AI chip deal

The agreement could bolster the company's unprofitable contract manufacturing business, but Samsung faces challenges securing other large customers.

Bloomberg on MSN · 2d

Samsung to Make Tesla AI Chips in Multiyear Texas Deal

Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.

PCMag on MSN · 2d

Samsung Secures $16.5 Billion Tesla AI Chip Deal, Production Set For Texas

Samsung is producing the current A14 chip for Tesla, while TSMC won the deal to produce the A15 chip. For the A16, Samsung will be back onboard. This new deal lasts until 2033, so it's likely designed to keep Samsung producing the A17 and beyond.

Samsung Expects AI-Fueled Earnings Improvement After Profit Drop -- 2nd Update

Contrary to Samsung's optimistic outlook, second-quarter net profit declined 48% from a year earlier to 5.116 trillion won, equivalent to $3.67 billion. That missed the 5.740 trillion won consensus ...

1hon MSN

Samsung 'Big Bespoke AI Fest' Independence Day sale is here with offers on home appliances

The campaign runs from 1 to 17 August, with cashback, EMI offers, and extended warranties across Samsung’s AI-powered digital ...

11hon MSN

Beyond Gemini: Samsung Galaxy S26 Could Offer Multiple AI Assistants

Samsung could equip the Galaxy S26 series of smartphones with multiple AI assistants, apart from Google’s Gemini and Bixby.

3don MSN

You can turn off Galaxy AI on your Samsung phone — here's how

To turn off Galaxy AI entirely, go through each feature in the Galaxy AI settings menu and turn off every toggle switch. here ...

15mon MSN

Samsung Galaxy Book 4 Edge laptop with Snapdragon X, 27 hours battery launched at ₹64,990

The new laptop from Samsung integrates Microsoft Copilot+, Snapdragon X chip and Galaxy AI features into a thin and light chassis.

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