memory chips – Page 2 – Charm

Samsung predicts gradual second-half recovery after Q2 chip profits plunge 94%

Cs news1 year ago04 mins

By Heekyong Yang, Joyce Lee and Hyunjoo Jin SEOUL (Reuters) -Samsung Electronics forecast a gradual second-half recovery for its chips business after second-quarter operating profit at the division plunged 94% from a year earlier due to shipment delays and U.S. export curbs on advanced semiconductor sales to China. The South Korean tech giant said on…

Samsung Elec Q2 profit likely to drop 39% on weak AI chip sales

Cs news1 year ago04 mins

By Heekyong Yang SEOUL (Reuters) -Samsung Electronics is expected to forecast a 39% plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence chip leader Nvidia. The world’s biggest maker of memory chips is projected to report an April-June operating profit of 6.3 trillion won ($4.62…