US EditionBest Prime Day Samsung Deals: My Favorite Sales Already Live
- On July 8, Samsung Electronics announced a significant decline in its operating profit for the second quarter, marking its lowest earnings in six quarters due to ongoing challenges in the industry.
- The profit decline followed inventory value adjustments and U.S. export restrictions limiting advanced AI chip sales to China and delaying shipments to Nvidia.
- Samsung's key businesses including chips and smartphones face uncertainty from U.S. trade policies, while HBM revenue remained flat and chip supply to Nvidia stalled.
- Shares have risen about 19% this year but underperformed the 27.3% gain in the Kospi index, reflecting investor concerns about Samsung's semiconductor competitiveness.
- Samsung plans to unveil new foldable devices and smartwatches on July 9, signaling continued focus on innovation despite current financial and geopolitical pressures.
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US Export Bans And Nvidia Supply Issues Crush Samsung Chip Profits — Hopes Rest On Ultra-Thin Foldables, Smartwatches And Possible XR Debut At Galaxy Unpacked Event - Samsung Electronics Co (OTC:SSNLF), NVIDIA (NASDAQ:NVDA)
Samsung reported a 56% drop in Q2 profit due to U.S. AI chip curbs on China and delayed Nvidia shipments, just days ahead of its July 9 Galaxy Unpacked event where it's expected to unveil new foldables, smartwatches, and possibly its XR headset.
·New York, United States
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Samsung’s 4TB 990 EVO Plus SSD drops to record-low price ahead of Prime Day
SAVE $93: As of July 7, Samsung’s 990 EVO Plus 4TB SSD is down to $234.99 at Amazon — its lowest price yet and a steal for Prime members. Opens in a new window Credit: Samsung Samsung 990 EVO Plus SSD 4TB $234.99 at Amazon $327.99 Save $93 Get Deal If your gaming PC is starting to feel a little sluggish and unable to hold enough games, Amazon has the upgrade your machine has been begging for — and it's at its lowest price yet ahead of Prime Da…
·United States
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Total News Sources28
Leaning Left2Leaning Right3Center5Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 20%
C 50%
R 30%
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