Samsung Shares Plummet to Four-Year Low Amid AI Chip Competition and Tariff Concerns
Samsung Electronics faces its worst annual stock performance in decades as it struggles with AI chip demand and potential U.S. tariffs.
- Samsung Electronics shares have decreased by 34% this year, marking the company's worst performance in over twenty years.
- The stock hit 51,700 won, the lowest level since June 2020, as the company lags behind rivals in the AI chip market.
- Concerns over impending U.S. tariffs under the Trump administration are exacerbating Samsung's financial challenges.
- Rival companies like SK Hynix and Nvidia have seen significant growth, with Nvidia's shares up 199% this year.
- Samsung has issued an apology for its disappointing financial results and pledged to improve its technological competitiveness.