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Samsung Expects AI-Fueled Earnings Improvement

The Wall Street Journal on MSN · 7h

Samsung Expects AI-Fueled Earnings Improvement After Profit Drop

The world’s largest maker of memory chips and smartphones posted lower quarterly net profit, but expects earnings to regain momentum in the second half of this year.

MarketWatch · 7h

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 estimate of analysts in a FactSet poll. Compared with the previous quarter, profit fell 38%.

Bloomberg on MSN · 7h

Samsung’s Chip Profit Tumbles While Investors Seek Bottom

Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.

Samsung makes massive Tesla deal

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.

Austin American-Statesman · 2d

Tesla taps Samsung in $16.5B AI chip deal tied to new Austin-area facility

Samsung will produce Tesla’s next-gen AI chips at its semiconductor plant set to open next year northeast of Austin in Taylor.

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.

6h

Samsung Galaxy Z Fold 7 review: The foldable we deserve, but not the one we can afford

Samsung's seventh-generation foldable has finally crossed that hazy boundary between novelty and practicality, putting a ...

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 ...

5hon 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 ...

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