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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 · 10h

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 · 4h

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 stock rises on Tesla partnership

Reuters on MSN · 6h

Samsung says tariff agreement reduces uncertainty, expects Tesla deal to boost orders

Samsung Electronics said a trade deal that will see Washington charge 15% tariffs on imports from South Korea reduces uncertainty, as it forecast more major chip orders after signing a $16.5 billion deal with Elon Musk's Tesla .

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.

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.

10hon MSN

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 ...

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 ...

BW Businessworld8m

Samsung Unveils Galaxy Book4 Edge In India With Snapdragon X Chipset

Samsung has introduced its latest AI-powered laptop, the Galaxy Book4 Edge, in India. Positioned as part of the brand’s ...

13hon 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.

40m

4 AI tools on Android I actually use and 3 I can’t stand

AI is everywhere on Android. And these are the tools I’ve consciously made a part of my life — and a few I’ve deliberately ...

Samsung Bespoke AI Jet Ultra review: High tech home cleaning

Touted as the “world’s most powerful cordless stick vacuum”, the Samsung Bespoke AI Jet Ultra might just be the suckiest appliance on the market. And as someone whose floors are constantly riddled ...

3hon 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 ...

4hon MSN

Samsung says tariff agreement reduces uncertainty, expects boost from Tesla deal

Samsung Electronics said a trade deal between South Korea and Washington will help to alleviate business uncertainty, as the ...

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