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Samsung Expects AI-Fueled Earnings Improvement After Profit Drop -- 2nd Update
Contrary to Samsung's optimistic outlook, second-quarter net profit declined 48% from a year earlier to 5.116 trillion won, equivalent to $3.67 billion. That missed the 5.740 trillion won consensus estimate of analysts in a FactSet poll. Compared with the previous quarter, profit fell 38%.
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Samsung lands $16.5 billion Tesla chip deal to power next-gen AI, Elon Musk confirmsSamsung’s giant new Texas fab will be dedicated to making Tesla’s next-generation AI6 chip. The strategic importance of this ...
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Samsung’s S95D OLED TV was my favourite TV of 2024. Watching my actual TV (from another brand), I sometimes fume during the ...
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