Samsung Electronics is expected to forecast a 39 per cent plunge in second-quarter operating profit on Tuesday, weighed down by delays in supplying advanced memory chips to artificial intelligence (AI) 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 (US$4.62 billion), its lowest income in six quarters and fourth consecutive quarterly decline, according to LSEG SmartEStimate.
The prolonged weakness in its…
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https://www.scmp.com/tech/big-tech/article/3317172/samsungs-quarterly-profit-likely-drop-39-cent-weak-ai-chip-sales
