Samsung signage during the NVIDIA GPU Technology Conference (GTC) in San Jose, California, USA, on Thursday, March 20, 2025.
David Paul Morris | Bloomberg | Getty pictures
South Korea Samsung Electronics On Tuesday, a profit of 56% forecast for the second quarter, since the company has difficulties to record demand by the chip director of artificial intelligence, Nvidia.
The memory chip and smartphone manufacturer predicted the operating profit for the quarter, which ended in June, around 4.6 trillion win.
The illustration is a deeper jump compared to Smartestimates from LSEG, which is weighted on forecasts of analysts that are consistently more precise.
According to the LSEG Smartestimate, Samsung is expected to achieve an operating profit of 6.26 trillion dollars (4.57 billion US dollars). For the quarter. In the meantime, Samsung predicted its sales with a profit of 74 trillion and fell to the LSEG Smartestimates of 75.55 trillion WON.
The Samsung Electronics shares fell up to 1.13% after the publication of the earnings estimates in the early, chopped trade on Tuesday.
Samsung is a leading player on the global smartphone market and also one of the world's largest manufacturers of memory chips used in devices such as laptops and servers.
In a statement, the company said that inventory settings and the effects of the US restrictions on advanced AI chips for China had contributed to the decline in profits.
The company also fell behind competitors as possible SK Hynix And micron In memory chips with high bandwidth-one extended storage type, which is used in AI chips.
“The disappointing profits are due to ongoing operating losses in the foundry business, while the upward trend in the Hochmargen-HBM business remains mute in this quarter,” said Ms. Hwang, research director at Contrapoint Research, about the yield guidelines.
SK Hynix, the leading provider of HBM, has secured a position as a supplier of Nvidia. While Samsung has reportedly worked on receiving the latest version of his HBM chips certified by Nvidia, a report by a local outlet suggests that these plans were pushed back at least September.
The company refused to comment on the status of its business with Nvidia, but said that improved HBM products continue with customer evaluation and shipments.
Ray Wang, research director for semiconductors, supply chains and aspiring technology at the Futurum Group told CNBC that it is clear that Samsung had not yet passed the most advanced HBM qualification for its most advanced HBM.
“In view of the fact that NVIDIA makes around 70% of global HBM demand, the delay covers at the head at short notice,” said Wang. He noted that Samsung has secured an HBM supply for AMD's AI processors, but this victory probably does not contribute to results in the second quarter due to the time of the production ramps.
In the meantime, the Chip Foundry business from Samsung continues Taiwan Semiconductor Manufacturing CompanyWang added.
In September, Reuters reported that Samsung had instructed his subsidiaries worldwide to shorten 30% of employees in some departments, citing sources that are familiar with the matter.
According to LSEG data, the Samsung Electronics share has increased by over 16% over 16% compared to the year. The company will publish its detailed results in the third quarter at the end of this month.
Comments are closed.