Samsung Forecasts 21% Profit Plunge Amid Sluggish AI Chip Demand
TECHi 2025-04-07
Summary:
Reuters, April 7, SEOUL – Due to weak sales of AI chips and ongoing losses in its contract chip manufacturing division, Samsung Electronics (005930.KS), which opens a new tab, is predicted to report a 21% decline in first-quarter profit on Tuesday. The largest memory chip manufacturer in the world, which is now undergoing a management […]
The post Samsung Forecasts 21% Profit Plunge Amid Sluggish AI Chip Demand first appeared on TECHi and is written by Munazza Shaheen.