Profit fell after Samsung’s foundry arm booked a one-time inventory cost as export controls led to unsold AI chips.

Just a few years ago, Samsung Electronics stood as a leading force in the global semiconductor race, dominating one chip ...

Samsung Foundry has secured an eight-year, US$16.5 billion contract to manufacture Tesla's next-generation AI6 chip. The move ...

Samsung Electronics said on Thursday a trade deal that will see Washington charge 15% tariffs on imports from South Korea ...

Samsung’s semiconductor division posted a much lower-than-expected profit of $288 million due to foundry losses and US export ...

Samsung Electronics Chairman Lee Jae-yong recently made a spontaneous trip to Washington, DC, to assist South Korea in ongoing reciprocal tariff negotiations with the US. As AI semiconductors emerge ...

Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.

Revenue rose 0.7% from a year earlier, to 74.566 trillion won. Operating profit dropped 55%, to 4.676 trillion won, as the company booked one-off inventory-value losses on unsold advanced chips due to ...

Samsung Electronics reported a second-quarter operating profit that missed expectations and more than halved from the same period last year.

Tesla, Inc. (NASDAQ:TSLA) is one of the AI Stocks in the Spotlight Today. On July 28, Tesla announced that it had signed a ...

Tesla shares are trading lower Wednesday, extending losses that began after the company's second-quarter earnings report last week.

Tesla and Samsung sign a $16.5 billion deal for AI chip production in Taylor, Texas, set to strengthen the local economy and ...