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Samsung expects a 56% drop in Q2 operating profit, far short of estimates

  • Samsung Electronics projected a 56% drop in second-quarter operating profit to 4.6 trillion won, announced on Tuesday in South Korea.
  • The profit decline followed weak orders and U.S. export controls limiting advanced AI chip sales to China, complicating Samsung's supply to Nvidia.
  • Samsung has not yet met Nvidia’s approval for its most advanced high-bandwidth memory chips, leading to postponed demand as customers await the release of upgraded products.
  • Research director Ray Wang noted that since Nvidia represents the majority of worldwide HBM consumption, the delay significantly limits short-term growth potential, while Samsung's foundry segment continues to incur losses.
  • Samsung's stock rose about 16% year-to-date despite earnings challenges, and detailed third-quarter results with business breakdowns are expected late this month.
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NBC LA broke the news in Los Angeles, United States on Monday, July 7, 2025.
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