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Samsung Q2 profit plunges

Reuters on MSN · 4h

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 chip shipments and U.S. export curbs on advanced chip sales to China continued to drag on its key semiconductor division.

CNN on MSN · 3h

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.

Samsung Quarterly Operating Profits Plunge As US Curbs Chip Exports To China

South Korean tech giant Samsung Electronics' operating profit dropped by more than 50 percent year-on-year in the second quarter, its regulatory filing showed Thursday, as US curbs on AI chip exports to China hit sales.

Samsung makes massive Tesla deal

Bloomberg on MSN · 2d

Samsung to Make Tesla AI Chips in Multiyear Texas Deal

Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its underperforming foundry division.

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.

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.

5hon MSN

Tesla (TSLA) Signs $16.5B AI Chip Deal With Samsung—Musk Calls It “Hard to Overstate”

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a ...

2don MSN

You can turn off Galaxy AI on your Samsung phone — here's how

To turn off Galaxy AI entirely, go through each feature in the Galaxy AI settings menu and turn off every toggle switch. here ...

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