Overview

• Samsung’s second-quarter operating profit is projected at 6.3 trillion won ($4.62 billion), down 39% year-on-year and marking its lowest level in six quarters.
• Revenue from high-bandwidth memory chips held steady as U.S. curbs on advanced-chip exports to China limit sales and the company has yet to start shipments to Nvidia.
• The firm commenced limited deliveries of its HBM3E 12-layer modules to AMD in June after expecting progress earlier this quarter.
• Competitors SK Hynix and Micron have outpaced Samsung by meeting surging AI memory demand while Samsung’s China-focused strategy faces restrictions.
• Samsung’s smartphone division remains strong thanks to pre-tariff inventory stocking, but looming U.S. smartphone tariffs and possible chip-export license revocations pose fresh uncertainties.