US Export Bans And Nvidia Supply Issues Crush Samsung Chip Profits — Hopes Rest On Ultra-Thin Foldables, Smartwatches And Possible XR Debut At Galaxy Unpacked Event

Why did Samsung's profit plunge steeply? What caused Trump to delay tariff deadlines? How will tariffs impact US trade with Japan? Why did Apple lose AI executive to Meta? What effects will new gas discovery off Cyprus have? How did Tesla stock react to Musk's politics? Why are Asian markets shrugging off tariff threats?

US Export Bans And Nvidia Supply Issues Crush Samsung Chip Profits — Hopes Rest On Ultra-Thin Foldables, Smartwatches And Possible XR Debut At Galaxy Unpacked Event

benzinga.com/markets/tech/25/07/46288786/us-export-bans-and-nvidia-supply-issues-crush-samsung-chip-profits-hopes-rest-on-ultra-thin-foldable

On Tuesday, Samsung Electronics Co. (OTC:SSNLF) reported a sharp 56% drop in second-quarter operating profit, citing U.S. export restrictions on advanced AI chips for China — a blow to its semiconductor business just days before its major Galaxy Unpacked product launch.
What Happened:…

This story appeared on benzinga.com, 2025-07-08 04:31:29.