Samsung posts weaker profit recovery as it misses out on AI boom

Samsung reports 'major' progress in supply deal for AI chips - Electronic Products & Technology

Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter. The South Korean technology giant said its operating profit for the July-September period increased by more than 277% from a year earlier to 9.18 trillion won ($6.65 billion). But the figure represented a 12% decline from the second quarter,…

Samsung reports 'major' progress in supply deal for AI chips

SEOUL, South Korea (AP) — Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter. The South Korean technology giant said its operating profit for the July-September period increased by more than 277% from a year earlier to 9.18 trillion won ($6.65 billion). Continue reading at The Republi…

Samsung says it is making headway in AI chip supply after disappointing results

Samsung Electronics said it would focus on producing high-end chips and was making progress on a major supply deal, as it sought to allay investor concerns over its semiconductor business that suffered a 40% quarter-on-quarter profit plunge.

Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix

Samsung’s third quarter operating profits soar to US$6.6 bn but misses forecast

Although operating profit nearly tripled compared to a year ago, it was down 12 per cent compared to the previous quarter.

Samsung's chip woes deepen as division's profit falls 40% in Q3

BANGKOK -- Samsung Electronics logged a 40% drop in operating profit in its semiconductor division in the third quarter compared to the previous three