Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay
Trending News
2 days, 9 hours ago

Samsung Q4 earnings expected to be hit by Nvidia AI chip supply delay

Live Mint  

By Hyunjoo Jin SEOUL - Samsung Electronics, the world's top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia's strong demand for AI chips. In contrast, Samsung's cross-town rival, SK Hynix, a major supplier of advanced AI memory chips to Nvidia, is expected to post record earnings for the fourth quarter, analysts said. U.S. chipmaker Micron Technology last month forecast quarterly revenue and profit below Wall Street estimates, sending shares lower as weak demand for consumer-centric products impacts the Samsung rival's business. Samsung's business of making logic chips designed by customers like Qualcomm is expected to continue to make losses, eroding its chip earnings, analysts said.

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History of this topic

Samsung’s Shares Climb After Nvidia Talk Offsets Profit Miss
1 day, 8 hours ago

Samsung’s Shares Climb After Nvidia Talk Offsets Profit Miss

Live Mint  

-- Samsung Electronics Co.’s shares rose after Nvidia Corp. founder Jensen Huang expressed confidence in the Korean company’s ability to resolve technical issues dogging its highest-end memory, offsetting disappointing quarterly results. Samsung has struggled to get its latest products certified by Nvidia, allowing SK Hynix in particular to carve out a larger slice of the market for the high-bandwidth memory …

Nvidia Q3 results preview: Wall Street traders brace for $300 billion swing in market value, stock up 200% YTD
1 month, 2 weeks ago

Nvidia Q3 results preview: Wall Street traders brace for $300 billion swing in market value, stock up 200% YTD

Live Mint  

Nvidia Q3 Results Today: Artificial intelligence chipmaking giant Nvidia Corp will announce its third-quarter earnings results today amid a broader drag in Wall Street's frontline indices. Nvidia’s stock has rallied nearly 200 per cent so far in 2024 and its reports have been the biggest event on the earnings calendar for more than a year. Nvidia Q3 Results Preview Wall …

Samsung reports 'major' progress in supply deal for AI chips
2 months, 1 week ago

Samsung reports 'major' progress in supply deal for AI chips

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Nvidia share price falls despite strong earnings results
4 months, 1 week ago

Nvidia share price falls despite strong earnings results

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nvidia’s share price has fallen …

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched
4 months, 1 week ago

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched

NPR  

Chipmaker Nvidia will report quarterly earnings and the data will be closely watched The chip company Nvidia is the darling of the AI boom. Microsoft, Google, Facebook, Amazon and others are spending billions of dollars on AI, and they've said they expect to spend billions more, which is why analysts like Matt Bryson are so excited about Nvidia. He's an …

Samsung's 8-layer HBM3E chips clear Nvidia's tests for use
5 months ago

Samsung's 8-layer HBM3E chips clear Nvidia's tests for use

The Hindu  

A version of Samsung Electronics' fifth-generation high bandwidth memory chips, or HBM3E, has passed Nvidia's tests for use in its artificial intelligence processors, three sources briefed on the results said. The South Korean technology giant's 12-layer version of HBM3E chips, however, has yet to pass Nvidia's tests, the sources said, declining to be identified as the matter remains confidential. Samsung …

Samsung posts a 15-fold increase in operating profits in last quarter
5 months, 1 week ago

Samsung posts a 15-fold increase in operating profits in last quarter

Associated Press  

SEOUL, South Korea — Samsung Electronics Co. reported a 15-fold increase in operating profit for the second quarter this year, largely thanks to a strong demand for memory chips amid the expansion of artificial intelligence technologies. The company said favorable market conditions drove higher average sales prices, while robust sales of organic light-emitting diode panels also contributed to the stronger …

Samsung expects profits to jump nearly 15-fold thanks to AI boom
6 months ago

Samsung expects profits to jump nearly 15-fold thanks to AI boom

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Samsung expects its profits for …

AI frenzy expected to have boosted Samsung second-quarter profit 13-fold
6 months ago

AI frenzy expected to have boosted Samsung second-quarter profit 13-fold

The Hindu  

Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices. Operating profit for the world's biggest maker of memory chips, smartphones and TVs likely rose to 8.8 trillion won in the quarter ended June 30, according to the average of an …

Samsung’s profit surges after AI boom reverses chip losses
8 months, 1 week ago

Samsung’s profit surges after AI boom reverses chip losses

Hindustan Times  

Samsung Electronics Co. topped analyst earnings estimates after its semiconductor division returned to profitability, as companies like Microsoft Corp. and Alphabet Inc. led a surge in spending on artificial intelligence services. Samsung Electronics reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory …

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets
8 months, 1 week ago

Samsung reports a 10-fold increase in profit as AI drives rebound in memory chip markets

Associated Press  

SEOUL, South Korea — Samsung Electronics on Tuesday reported a 10-fold increase in operating profit for the last quarter as the expansion of artificial intelligence technologies drives a rebound in the markets for computer memory chips. Revenue rose by nearly 13% to 71.9 trillion won, driven by higher prices for memory chips and robust sales of its flagship Galaxy S24 …

Samsung witnesses new opportunity in AI: Know-how
9 months, 2 weeks ago

Samsung witnesses new opportunity in AI: Know-how

India TV News  

Samsung Electronics, the largest memory chip maker in the world has stated that the macroeconomic uncertainties are expected to grow higher by this year itself. In an annual meeting of shareholders Han Jong-hee, Vice Chairman and CEO of Samsung Electronics said, "Although uncertainties in the macroeconomic environment are expected to be high this year, new opportunities will also be increased …

Nvidia’s 4Q revenue, profit soar thanks to demand for its chips used for artificial intelligence
10 months, 2 weeks ago

Nvidia’s 4Q revenue, profit soar thanks to demand for its chips used for artificial intelligence

Associated Press  

SANTA CLARA, Calif. — Nvidia Corp., which has seen its value skyrocket over the past year thanks to soaring demand for its graphics chips used for artificial intelligence, posted stronger-than-expected results Wednesday for its latest quarter, with its revenue more than tripling from a year earlier. “It has a massive lead in the growing global AI chip sector but can’t …

Samsung sees tech devices demand recovering in 2024 after record chip loss
11 months, 1 week ago

Samsung sees tech devices demand recovering in 2024 after record chip loss

The Hindu  

Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34% drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak in many businesses. However, fourth-quarter losses shrank to 2.18 trillion won in the fourth quarter, lower than every other quarterly loss in 2023 in the business that has …

Samsung says chips to recover in 2024 after best quarterly profit this year
1 year, 2 months ago

Samsung says chips to recover in 2024 after best quarterly profit this year

The Hindu  

Samsung Electronics on Tuesday flagged gradual demand recovery in 2024 after reporting its highest quarterly profit so far this year, as the battered memory chip market began showing signs of rebound from a severe downturn. The proliferation of on-device artificial intelligence functions will increase appetite for DRAM chips in premium products in 2024, the world's biggest memory chip and smartphone …

Samsung's chip losses expected to decrease in Q3 due to production cuts
1 year, 3 months ago

Samsung's chip losses expected to decrease in Q3 due to production cuts

India TV News  

Samsung Electronics is anticipated to narrow its chip deficit in the third quarter due to continued cuts in chip production. Samsung began cutting chip production earlier this year, following the lead of peers like SK hynix Inc. and Micron Technology Inc., which started reducing production late last year to address the oversupply issue. However, analysts believe that Samsung's production cuts …

Samsung to cut chip output to ride out downturn: Report
1 year, 9 months ago

Samsung to cut chip output to ride out downturn: Report

Hindustan Times  

Samsung Electronics Co Ltd said on Friday it would make a "meaningful" cut to chip production, following the lead of smaller rivals, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting. Samsung jumped 4.5% in early trading in the biggest one-day rise since September, while rival SK Hynix Inc's shares surged 5.6% The …

Samsung logs sharp drop in profits- Reaffirms no production cut
2 years, 2 months ago

Samsung logs sharp drop in profits- Reaffirms no production cut

India TV News  

Samsung Electronics posted a sharp drop in profits for the third quarter of 2022, as its main semiconductor business faced major headwinds from weakening memory chip prices and demand. The world's largest memory chip and mobile phone maker said in a regulatory filing its third-quarter net profit declined 23.6 per cent from a year earlier to 9.38 trillion won, reports …

Samsung's earnings slump on rapid drop-off in chip demand
2 years, 3 months ago

Samsung's earnings slump on rapid drop-off in chip demand

The Hindu  

Samsung Electronics Co Ltd. flagged a worse-than-expected 32% drop in quarterly operating earnings on Friday, as an economic downturn slashed demand for electronic devices and the memory chips that go in them. Samsung's memory chip shipments likely came in below already downgraded expectations and prices could fall further this quarter, analysts said, as customers react to rising inflation, higher interest …

Chips drive highest Samsung Q2 profit since 2018, but demand cooling
2 years, 6 months ago

Chips drive highest Samsung Q2 profit since 2018, but demand cooling

The Hindu  

South Korea's Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong sales of memory chips to server customers even as demand from inflation-hit smartphone makers cools. Smartphone demand weakens Rising inflation, concerns about a downturn in major markets, the war in Ukraine and China's COVID-19 lockdowns have resulted in slowing smartphone sales, …

Samsung in talks to hike chipmaking prices by up to 20%
2 years, 7 months ago

Samsung in talks to hike chipmaking prices by up to 20%

The Hindu  

Samsung Electronics is in talks with clients about hiking prices for chip contract manufacturing by up to 20% this year, Bloomberg reported on Friday. The move is part of an industry-wide push to raise prices to cover rising materials and logistics costs, Bloomberg said, citing people familiar with the matter. Samsung Electronics is the world's second-largest chip contract manufacturer, after …

Samsung Sees Profits Jump 50 Per Cent Thanks To Strong Chipset And Mobile Sales
2 years, 8 months ago

Samsung Sees Profits Jump 50 Per Cent Thanks To Strong Chipset And Mobile Sales

News 18  

Samsung Electronics on Thursday reported its best first-quarter earnings in four years on the back of solid chip and mobile demand. The world’s largest memory chip and mobile phone maker said its operating profit rose more than 50 per cent to $11.1 billion in a regulatory filing, reports Yonhap News Agency. The company said its memory business logged 26.87 trillion …

Samsung Elec sees component shortages persisting in H2, solid server chip demand
2 years, 8 months ago

Samsung Elec sees component shortages persisting in H2, solid server chip demand

The Hindu  

Samsung Electronics Co Ltd reported a 51% rise in quarterly profit on Thursday, buoyed by robust data centre demand for high-margin memory chips, but cautioned that component shortages will likely continue in the second half. The world's top memory chip and smartphone maker said demand for server chips is expected to be relatively solid in the second half, but the …

Chips are in short supply. Manufacturers are spending big to prevent a repeat
3 years, 7 months ago

Chips are in short supply. Manufacturers are spending big to prevent a repeat

CNN  

New Delhi CNN Business — As the world grapples with a shortage of semiconductors, South Korea’schipmakers are spending huge amounts of money to shore up their production in the decade ahead. The announcement Thursday from co-CEO and Vice Chairman Park Jung-ho at a government event “demonstrated his strong will that SK Hynix will devote to stabilize the global semiconductor supply …

Samsung First-Quarter Profit Likely Surged 45% on Bumper Smartphone, Appliance Sales
3 years, 9 months ago

Samsung First-Quarter Profit Likely Surged 45% on Bumper Smartphone, Appliance Sales

News 18  

Samsung Electronics Co Ltd likely saw a 45 percent jump in profit for January-March on robust sales of smartphones, TVs and home appliances, though chip division earnings are seen tumbling after a storm suspended production at its US plant. Operating profit for the South Korean tech giant in the quarter is expected to have climbed to 9.3 trillion won, according …

Apple Surpassed Samsung to Emerge As Top Smartphone Vendor in Q4 2020: Gartner Report
3 years, 10 months ago

Apple Surpassed Samsung to Emerge As Top Smartphone Vendor in Q4 2020: Gartner Report

News 18  

Apple, for the first time beat Samsung in four years to emerge as the top smartphone vendor in the final quarter of 2020, according to a recent Gartner report. This comes even after Samsung remained the top smartphone brand as of the whole of 2020, its sales fell by 14.6 percent in Q4 2020. Smartphone sales in the fourth quarter …

Samsung Q3 profit likely at two-year high after Huawei orders, phone recovery
4 years, 3 months ago

Samsung Q3 profit likely at two-year high after Huawei orders, phone recovery

Live Mint  

Samsung Electronics Co Ltd said its third-quarter profit likely jumped 58% to the highest in two years, beating analysts' estimates as U.S. restrictions on China's Huawei boosted the South Korean tech giant's phone and chip sales. MOBILE PROFIT BOOST Samsung was expected to post its biggest smartphone profit in at least four years, analysts said, as it gained market share …

Samsung expects smartphone demand to drive second half earnings
4 years, 5 months ago

Samsung expects smartphone demand to drive second half earnings

Live Mint  

Samsung Electronics Co Ltd expects a global recovery in demand for smartphones and consumer electronics to underpin profits in the second half of the year, after a coronavirus-propelled shift to online working boosted quarterly earnings. Samsung, the world's top maker of memory chips, tempered its relatively upbeat forecast when announcing second quarter results on Thursday with a warning that the …

Samsung’s second-quarter chip sales unlikely made up for smartphone weakness
4 years, 6 months ago

Samsung’s second-quarter chip sales unlikely made up for smartphone weakness

Live Mint  

At Samsung Electronics Co Ltd, demand for its chips from data centres bulking up to meet a surge in work-from-home traffic was not likely enough to offset muted sales of its smartphones in the second quarter, analysts said. Work-from-home orders and growth in online learning is underpinning chip demand amid the COVID-19 pandemic, prompting U.S. DRAM supplier Micron Technology Inc …

Samsung chip sale boosted but Q1 profits may remain flat due to Coronavirus outbreak
4 years, 9 months ago

Samsung chip sale boosted but Q1 profits may remain flat due to Coronavirus outbreak

Firstpost  

Samsung is likely to estimate its operating profit at 6.2 trillion won, unchanged from the same period a year ago. The coronavirus-driven global shift to working from home is set to have boosted demand for Samsung Electronics’ memory chips from laptop makers and data centres, but first-quarter profits are likely to remain flat as the outbreak weakened consumer electronics sales. …

Samsung expects increase in 5G chips demand in 2020 but fears US-China trade war and coronavirus
4 years, 11 months ago

Samsung expects increase in 5G chips demand in 2020 but fears US-China trade war and coronavirus

Firstpost  

Samsung supplier SDI said it expects current-quarter earnings to be adversely affected by the virus outbreak. But in a guarded outlook, the world’s biggest memory chip and smartphone maker said on Thursday it couldn’t rule out the possibility that demand growth may be curbed amid lingering tensions on US-China trade and looming fears of the economic impact of the new …

Samsung Electronics says Q4 net profit slumps 38%
4 years, 11 months ago

Samsung Electronics says Q4 net profit slumps 38%

Live Mint  

Seoul: The world's biggest smartphone maker, Samsung Electronics, reported a slump in fourth-quarter net profits on Thursday, blaming weakening demand in key products and falling chip prices. "Fourth-quarter profit dropped from a year earlier due to the continued fall in memory chip prices and weakness in display panels," Samsung said in a statement. Samsung said it expects "weak sales from …

Samsung stock falls after profit drops 56% in second quarter
5 years, 5 months ago

Samsung stock falls after profit drops 56% in second quarter

CNN  

Hong Kong CNN Business — Samsung stock dropped on Wednesday after the world’s biggest smartphone maker reported a 56% fall in its operating profit for the second quarter, citing price declines in its memory chip business. Operating profit was 6.6 trillion Korean won for the three-month period that ended June, compared with 14.87 trillion Korean won the same period a …

Samsung staring at a big slump in Q2 profits: Report
5 years, 6 months ago

Samsung staring at a big slump in Q2 profits: Report

India TV News  

South Korean tech giant Samsung is staring at a big slump in its profits in the second quarter of 2019. Also, read: Samsung Galaxy Note 10 to feature ToF camera: Report "While Samsung hasn't explained what dragged it down this quarter, its performance early in the year suffered primarily due to a drop in memory chip sales. "While its increased …

Samsung profit slumps as memory chips and smartphones struggle
5 years, 6 months ago

Samsung profit slumps as memory chips and smartphones struggle

CNN  

Hong Kong CNN Business — Samsung is warning investors that its second quarter profit likely plunged56%, as the company continued to struggle with sluggish demand for memory chipsand smartphones. The earnings forecast was better than analysts’ downbeat expectations, thanks to what Samsung called a “one-time gain related to the display business.” The company supplies display screens to other smartphone makers …

Samsung Electronics bets on better second half after posting weakest profit in more than two years in first quarter
5 years, 8 months ago

Samsung Electronics bets on better second half after posting weakest profit in more than two years in first quarter

Firstpost  

Hit by falls in chip prices and slowing demand for display panels, Samsung posted operating profit of 6.2 trillion won in the quarter ended March Seoul: South Korea’s Samsung Electronics Co Ltd flagged improved second-half results on expectations of a pick up in memory chip and smartphone sales, after posting its weakest profit in more than two years in the …

Samsung profit warning shows more trouble ahead for smartphone makers
5 years, 9 months ago

Samsung profit warning shows more trouble ahead for smartphone makers

CNN  

Hong Kong CNN Business — Samsung is warning investors that 2019 is off to an even gloomier start than it feared. The South Korean tech giant said Tuesday that its earnings for the first quarter of the year will fall short of market expectations because of slumping demand for the memory chips and display panels it makes for electronic devices. …

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