Samsung’s Chip Division Underwhelms in Costly AI Memory Race
Samsung Electronics Co.’s pivotal chip division reported a smaller-than-expected profit as the world’s largest memory chipmaker fights to narrow the lead arch-rival SK Hynix Inc. has in the artificial intelligence arena.
Samsung’s stock falls on fears of weakness in memory chip markets
The company also warned investors that it’s likely to see only limited earnings growth in the first quarter, as a result of weakness in the key memory chip market, which it dominates. However, it reassured analysts that it’s making progress in its efforts to meet Nvidia Corp.
Samsung operating profit hit by R&D spending, fight to meet chip demand
The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said it was struggling to meet demand for chips used in AI servers.
Samsung’s Net Profit Beats Consensus but Chip Woes Weigh
The world’s largest maker of memory chips and smartphones posted better-than-expected net profit for the fourth quarter, but its core semiconductor business weakened sequentially.
Nvidia approves Samsung’s advanced AI memory chips- Bloomberg
SK Hynix is the sole supplier of the advanced HBM chips to Nvidia, and had recently clocked a bumper fourth-quarter profit on AI-fueled chip demand. Its fourth-quarter profit also surpassed earnings from Samsung for the quarter.
Samsung targets 2025 growth with advanced AI and memory tech expansion
Samsung Electronics reported Q4 2024 revenue of KRW 75.8 trillion, marking a 4% sequential decline. The DS division saw a 3% increase driven by high-value memory products for servers, while the DX division faced a 10% revenue drop due to rising competition and new smartphone launch delays.
Samsung Gets Nvidia’s Nod to Supply Less Advanced AI Memory
Samsung Electronics Co. has obtained approval to supply a version of its fifth-generation high-bandwidth memory chips to ...
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Samsung Chairman Jay Y. Lee Acquitted in Stock Manipulation Case
Samsung Chairman Jay Y. Lee was acquitted of accounting fraud and stock manipulation by a Seoul appeals court. This case, ...
Samsung chief faces ruling on controversial merger
Samsung Electronics Chair Jay Y. Lee faces a ruling by a Seoul appeals court on Monday over a 2015 merger that prosecutors ...
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Samsung Warns Of Sluggish AI Chip Sales Amid US Export Restrictions
Samsung has warned of sluggish AI chip sales due to US export restrictions, supply challenges, and shifting demand.
Samsung Posts Strong Q4 but Chip Weakness Clouds 2025 Outlook
Samsung Electronics (GB:SMSN) (SSNLF) reported impressive fourth quarter of 2024 results, with net income reflecting an increase of 25.77% ...
Seoul appeals court finds Samsung chief Lee not guilty in merger case
Samsung Electronics 005930.KS Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul ...
Samsung hurt by US restrictions on China
Samsung Electronics yesterday warned of sluggish sales of its artificial intelligence (AI) chips in the current quarter due ...
China’s top memory chip maker CXMT narrows tech gap with leaders Samsung, Hynix, Micron
The Hefei-based firm’s latest DDR5 memory chips use a 16nm node process, breaking through a limit that Washington sought to ...