Reported 1 day ago
Samsung Electronics is anticipated to report a slowdown in profit growth for Q4 due to difficulties in meeting Nvidia's demand for AI chips. While Samsung's operating profit is expected to rise to 8.2 trillion won, it's still a decline from the previous quarter's 9.18 trillion won. Analysts have reduced their earnings forecasts, with some predicting profits may drop below 8 trillion won. Delays in supplying Nvidia and weak demand for traditional chips are impacting Samsung's performance, contrasting with competitor SK Hynix, which is expected to report record earnings.
Source: YAHOO