Samsung Signage held on Thursday, March 20, 2025 in San Jose, California, USA.
David Paul Morris | Bloomberg | Getty Images
South Korea Samsung Electronics Tuesday forecast The second profit fell 56% as the company struggled to capture demand from AI chip leader Nvidia.
Memory chips and smartphone makers said in guidance that operating profit for the quarter ended June was expected to be about 46 trillion won, down 1044 trillion won a year.
This figure is a deeper outbreak compared to the smart estimates of LSEG, which are weighted from more accurate analysts’ predictions.
According to Smart estimates, Samsung’s operating profit is expected to be 62.6 trillion won ($4.57 billion) In the quarter. Meanwhile, Samsung invested its revenues of 74 trillion won, with its revenue rate being less than LSEG Smart estimated at 75.55 trillion won.
Samsung is a leading player in the global smartphone market and one of the world’s largest memory chip manufacturers, used in devices such as laptops and servers.
However, the company has been lagging behind its competitors SK hynix and Micrometer In high bandwidth memory chips – an advanced memory type that is being deployed in AI chips.
Ms. Hwang, research director at Counterpoint Research, said of the earnings guide: “The disappointing revenue is due to the loss of operation in the foundry business, and the upside of the HBM business remains in a difficult position.”
HBM leader SK Hynix has served as the leading supplier to NVIDIA. Samsung has It is said that Always working on obtaining the latest version of the HBM chip certified by NVIDIA, one from Local export It indicates that these plans have been postponed to at least September.
The company did not respond to a request for comment on the status of its transaction with NVIDIA.
Ray Wang, research director of semiconductors, supply chains and emerging technologies at Futurum Group, told CNBC that it is obvious that Samsung has not yet passed NVIDIA’s state-of-the-art HBM qualification.
“Given that NVIDIA accounts for about 70% of global HBM demand, the delay meaningfully limits the recent rise,” Wang said. He noted that while Samsung has obtained some HBM supply for AI processors from AMD, this win is unlikely to lead to a second-quarter result due to the timing of the production ramp.
Meanwhile, Samsung’s chip foundries continue to face weaknesses and competition Taiwan Semiconductor Manufacturing CompanyWang added.
Reuters Reported in September Samsung has instructed its subsidiaries around the world to cut 30% of their employees in certain divisions and to sources familiar with the matter.
