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Samsung profit tumbles

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.

The Wall Street Journal on MSN · 13h

Samsung Electronics Posts Lower Net Profit, Weighed by Chip Business

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.

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.

Interesting Engineering on MSN · 2d

Samsung lands $16.5 billion Tesla chip deal to power next-gen AI, Elon Musk confirms

Samsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this is hard to overstate. Samsung currently makes AI4. TSMC will make AI5, which just finished design, initially in Taiwan and then Arizona.

6hon MSN

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 ...

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 ...

Samsung launches Galaxy Book4 Edge, bets big on AI: Starts at Rs 59,990

Samsung has launched the AI-powered Galaxy Book4 Edge in India, revolutionizing personal computing. Priced at INR 59,990, it ...

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 ...

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 ...

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