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Samsung Electronics is projected to report a fourth-quarter operating profit of 8.2 trillion won, reflecting growth from the previous year but a decline from the third quarter. Analysts have lowered their profit estimates, with some predicting earnings could fall below 8 trillion won due to ongoing delays in supplying AI chips to Nvidia. The company has faced challenges in meeting Nvidia's strong demand for these chips, which has negatively impacted its earnings.
In response to its disappointing performance, Samsung has made significant changes in its chip division leadership. While Samsung's stock suffered a 32% drop last year, its competitor SK Hynix is expected to achieve record earnings, highlighting the contrasting fortunes within the semiconductor industry. The overall market is under pressure from weak demand for traditional chips and increased competition from Chinese manufacturers.
• Samsung struggles to meet Nvidia's AI chip demand, impacting earnings.
• SK Hynix expected to post record earnings amid Samsung's challenges.
AI chips are specialized processors designed to accelerate artificial intelligence applications, crucial for companies like Nvidia.
Memory chips store data and are essential for computing devices, with Samsung being a leading manufacturer.
Dynamic Random Access Memory (DRAM) is a type of memory used in computers, with prices declining due to oversupply.
Samsung is the world's largest memory chip maker, facing challenges in supplying AI chips to Nvidia.
Nvidia is a leading AI chip manufacturer, relying on Samsung for high-end chip supplies.
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