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Samsung Posts First Profit Drop Since 2023

Reuters on MSN · 4d

Samsung expects a 56% drop in Q2 operating profit, far short of estimates

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far. Its chip business struggled with weak sales of artificial intelligence chips,

News Nation English · 2d

Samsung Electronics sees 56% drop in Q2 operating profit due to chip slump, US tariffs

Disclaimer: This news article is a direct feed from ANI and has not been edited by the News Nation team. The news agency is solely responsible for its content.

exchange4media · 3d

Samsung Q2 profits plunge 56% YoY

Samsung Electronics recently unveiled its second-quarter earnings, revealing a notable dip in profitability that underscores the ongoing challenges within the global technology sector. The company posted an operating profit of 4.

SK Hynix narrows gap with Samsung as AI boom fuels HBM chip sales in Q2

SK Hynix is rapidly closing the gap with Samsung Electronics in the global memory chip race, driven by surging demand for ...

3d

Wall Street Breakfast Podcast: Samsung Warns Of 56% Profit Slide

Samsung warns 56% slump in Q2 profit as U.S. curbs hit AI chip business. Family Dollar officially separates from Dollar Tree.

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