Samsung faces a 56% profit reduction in Q2, struggles with AI demand
Samsung Electronics has raised a 56% reduction in operating profits for the second quarter, reflecting the challenges for the conception of increasing demand for artificial intelligence chips (AI). South Korea’s giant, a top player in Memory Chip and Smartphone markets, expects his operating profit for the quarter in June will be about 4.6 trillion profits (about $ 3.5 billion), a significant decline from 10.44 trillion. Cnbc. This provision did not meet analysts’ expectations, with LSEG’s smartestimate providing $ 6.26 trillion profits ($ 4.57 billion). Samsung’s revenue is also expected to reach 74 trillion profits, reducing the smart of the 75.55



