Samsung’s Profit Halves in Deepening Chip Business Crisis

(Bloomberg) — Samsung Electronics Co.’s profit fell for the first time since 2023, reflecting the deepening market share losses clouding the memory chipmaker’s prospects in the AI era.Most Read from BloombergAre Tourists Ruining Europe? How Locals Are Pushing BackTrump’s Gilded Design Style May Be Gaudy. But Don’t Call it ‘Rococo.’Denver City Hall Takes a Page From NASAIn California, Pro-Housing ‘Abundance’ Fans Rewrite an Environmental LandmarkCan Mamdani Bring Free Buses to New York City?TheRead More