Samsung Q3 operating profits soar to $6.6 bil, but miss forecast
South Korea's Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely…
Samsung reports ‘major’ progress in supply deal for AI chips
Agencies SEOUL: Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure
Samsung blames 'one-off costs' as Q3 chip profits plummet 40%
Unexpected expenses in semiconductor division overshadow revenue gains
Samsung Q3 operating profits soar to $6.6 bn, miss forecast
South Korea's Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".
Samsung Q3 operating profits soar to $6.6 bn, miss forecast
South Korea's Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world's largest memory chip maker posted an operating profit of 9.18 trillion won ($6.6 billion) "largely due to one-off costs".
Samsung reports ‘major’ progress in supply deal for AI chips
Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter.
Samsung says Q3 operating profits soar to $6.6 bn, but misses forecast
Samsung Electronics reported a 277% increase in operating profits to $6.6 billion, but still fell short of expectations due to challenges in leveraging AI chip demand and the strong Korean won. The semiconductor division saw a sharp 40% decline in profit.
Samsung Profit Beats Expectations but Chip Business Sags
By Kwanwoo Jun
Samsung reports 'major' progress in supply deal for AI chips
SEOUL, South Korea (AP) — Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter.
Samsung posts weaker profit recovery as it misses out on AI boom
SEOUL : Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix. The world's biggest maker of memory chips, smartphones and TVs pos
last updated on 1 Nov 01:27