Samsung apologies for weak results during AI chip boom

Samsung issues rare apology for poor results in tech 'crisis'

SEOUL: Samsung Electronics issued a rare apology and acknowledged on Tuesday (Oct 8) that it was facing a "crisis" over its technological competitiveness, reflected in a disappointing profit guidance, despite a global AI boom. Samsung said it expected third-quarter profits to rise to 9.1 trillion won (US$6

Samsung apologises for disappointing third quarter profit

Samsung Electronics has warned that its third-quarter profit would come in below market expectations and apologised for the disappointing performance with the tech giant lagging its rivals in supplying high-end chips to Nvidia in the booming AI market.

Samsung apologizes for bad financial performance

Profit doesn't pop despite AI-inspired memory boom, leading to executive mea culpa

Samsung third-quarter forecast misses expectations

Samsung Electronics said Tuesday it expected third-quarter profits to jump almost three-fold, but fell short of market expectations as it struggled to leverage robust demand for chips used in artificial intelligence servers.

Samsung apologises for weak results during AI chip boom

In a rare apology, the company vows to review its culture and processes to enhance competitiveness.

Samsung Warns Of Q3 Profit Drop Amid Shipment Delays Of AI Chip Approved By Nvidia - Samsung Electronics Co (OTC:SSNLF), NVIDIA (NASDAQ:NVDA)

Samsung Electronics (OTC:SSNLF) has issued a warning, predicting a significant drop in third-quarter profits, due to various factors including one-time costs and a surge in supply from Chinese rivals. What Happened: On Tuesday, the South Korean tech giant announced an estimated operating profit of approximately 9.10 trillion won ($7.6 billion) for the quarter ending in September. This represents a 274% increase from the previous year’s 2.43 tril…