Reported about 6 hours ago
Samsung Electronics has warned of declining sales of its AI chips for the current quarter due to U.S. export restrictions on high-bandwidth memory (HBM) chips to China, impacting approximately 20% of its sales. This comes as the company navigates competitive pressures and aims to launch improved chip versions. They expect limited earnings growth in the first quarter, reflecting ongoing sluggish demand in the smartphone and memory chip markets.
Source: YAHOO