Eric Ross, chief investment strategist at Cascend Securities, discusses Samsung's chip business and how it's being "leapfrogged" by SK Hynix and Micron in the DRAM market.
Samsung Electronics Co.’s pivotal chip division reported a smaller-than-expected profit as the world’s largest memory maker fights to narrow the lead arch-rival SK Hynix Inc. has in the artificial intelligence arena.
The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said it was struggling to meet demand for chips used in AI servers.
South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would more than double this year, after reporting a quarterly profit record that beat a results estimate for rival Samsung.
Samsung Electronics (SSNLF) warned of slower demand for its AI chips in the first quarter of 2025 partly due to U.S. export restrictions.
Samsung Electronics said on Friday it expected limited first-quarter earnings growth due to weak memory chip business conditions, as it continues to work towards providing high-end chips to Nvidia .
Nvidia (NASDAQ:NVDA) has approved Samsung Electronics (KS:005930) 8-layer HBM3E chips for artificial intelligence applications, Bloomberg reported. The chips will be used in Nvidias AI products for China,
Asian equities fell Friday (Jan 31), as concerns over the impact DeepSeek will have on the artificial intelligence market pressured South Korean chipmakers. US futures climbed after robust results from Apple Inc.
President Donald Trump's nominee for commerce secretary accused Korea and Japan on Wednesday of having 'taken advantage of' America's 'good nature,' stressing the need to work
Asian equities fell Friday, pressured by technology companies. US futures climbed after robust results from Apple Inc.
SEOUL, Jan. 28 (Korea Bizwire) — Chipmaking giant SK hynix Inc. has surpassed its biggest rival, Samsung Electronics Inc., for the first time ever in terms of quarterly profit, data showed Tuesday, as its robust sales of artificial intelligence (AI) memory chips pushed up its fourth-quarter figures to record highs.
Samsung Electronics (GB:SMSN) (SSNLF) reported impressive fourth quarter of 2024 results, with net income reflecting an increase of 25.77%