Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

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Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

cnbc.com/2025/07/08/samsung-projects-second-quarter-profits-drop-56-percent-struggles-ai-demand-nvidia-sk-hynix-micron.html

South Korea's Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia.
The memory chip and smartphone maker said in its guidance that operating profit for the quarter ending…

This story appeared on cnbc.com, 2025-07-07 23:36:11.