Samsung's Chip Profits Crash 94% — AI Demand, Tesla Deal, HBM3E Ramp Offer Hope For 2H Comeback As Trump Hits South Korea With 15% Tariff
Samsung Electronics Co. Ltd. (OTC:SSNLF) has projected a gradual second-half recovery for its semiconductor business after second-quarter operating profit at the division plunged 93.84% from a year earlier, driven by U.S. export restrictions on advanced chip sales to China and inventory adjustments.
Benzinga ·