Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Samsung Chip Profit Misses Estimates Lifted by Resurgent AI Hope
Technology

Samsung Chip Profit Misses Estimates Lifted by Resurgent AI Hope

Bloomberg Technology Thursday 29 October 2026, 01:00 UTC By Yoolim Lee 1 min read
Key Points

Samsung Electronics Co.’s semiconductor division’s 15-fold surge in profit just missed estimates, tempering resurgent enthusiasm for bets on the artificial intelligence infrastructure build-out.

Samsung Electronics Co.’s semiconductor division’s 15-fold surge in profit just missed estimates, tempering resurgent enthusiasm for bets on the artificial intelligence infrastructure build-out.
Samsung Chip Profit Misses (ORG) Resurgent AI (ORG) Samsung Electronics Co.’s (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Samsung Electronics Shares Slide After Return Plan Is Delayed

Samsung Electronics Shares Slide After Return Plan Is Delayed Samsung Electronics Co. shares reversed earlier gains to slide as much as 6.6% as the lack of a new shareholder return plan in its earnings disappointed investors. The Korean chipmaker said it will announce the plan at the end of January, a contrast with its peer SK Hynix Inc. that delivered a blockbuster earnings report Wednesday along with its intention to return about $45 billion more to shareholders. Sentiment toward Samsung...

Bloomberg Technology 15m ago

Spain mourns after latest train tragedy kills 68

Spain mourns after latest train tragedy kills 68 Spain's second high-speed rail collision this year has raised fresh questions about the safety of its train network. URDA, Spain: Spain began three days of mourning on Thursday (Oct 29) after its second high-speed rail collision this year killed 68 people and injured scores, with relatives desperately seeking news about their loved ones. One of Europe's deadliest train disasters this century has raised fresh questions about safety on Spain's...

Channel News Asia 31m ago

Seoul court dismisses lawsuit by Tesla owners seeking refunds for 'Full Self-Driving' tech

Seoul court dismisses lawsuit by Tesla owners seeking refunds for 'Full Self-Driving' tech SEOUL, Oct 29 : A South Korean court on Thursday rejected a lawsuit by dozens of Tesla owners seeking full refunds for money paid for "Full Self-Driving" driver-assistance software, ruling that the automaker had not breached its contractual obligations. The Seoul Central District Court ruled against the 88 plaintiffs, finding that the FSD option did not promise fully autonomous driving without human...

Channel News Asia 44m ago

Amazon layoffs hit devices and services unit, email cites ‘review of our structure’

Amazon layoffs are back. Ecommerce giant has announced new job cuts. According to a report in Reuters, Amazon is cutting about 250 jobs in its devices and services unit after weeks of product rollouts including new Kindle e-readers and tablet computers.

Times of India 1h ago