q3 ai news - Search News

Samsung's Q3 profit misses estimates as it struggles in AI chips

Samsung Electronics estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short of analysts' estimates as the tech giant struggled to capitalise on strong demand for chips used in artificial intelligence servers.

Mint on MSN · 19h

Samsung Q3 profit jumps 274%, but misses estimates; tech giant apologizes for lagging behind in AI chip market

Samsung Electronics reported a preliminary operating profit of approximately 9.1 trillion won ($6.8 billion) for the quarter ending September 30, missing the 10.3 trillion won forecast by LSEG SmartEstimate.

Techopedia · 23h

Samsung Issues Apology Over Disappointing Q3 and AI Chip Challenges

Samsung Electronics has posted its results for the third quarter and accompanied this with a public apology.

TSMC, AI

Business Standard · 4h

TSMC's Q3 revenue easily beats market forecast amid rising AI demand

Taiwan Semiconductor Manufacturing Co, whose customers include Apple and Nvidia, has been at the forefront of the march towards AI

MarketWatch · 1h

TSMC beats forecasts with sharp rise in third-quarter sales

Taiwan Semiconductor Manufacturing Co. posted a 39% increase in its September revenue, in what saw it beat analysts’ sales forecasts for the third quarter of 2024

Bloomberg on MSN · 4h

TSMC Sales Beat Estimates in Sign of Solid AI Chip Demand

Taiwan Semiconductor Manufacturing Co. posted a better-than-expected 39% rise in quarterly revenue, assuaging concerns that AI hardware spending is beginning to taper off.

Q3 Earnings Preview: AI's Big Test - Profits Or Promises?

Dive into the impact of AI on corporate strategies and ROI in the Q3 2024 earnings season, with a focus on monetization and ...

EconoTimes2d

Samsung's Q3 Profits Expected to Jump 4X on Chip Demand, but AI Chip Lag Raises Concerns

Samsung Electronics is projected to report a four-fold increase in Q3 operating profit due to recovering chip demand. However ...

news.crunchbase5d

Global Funding Slowed In Q3, Even As AI Continued To Lead

Global venture funding in the third quarter of 2024 reached $66.5 billion, Crunchbase data shows. That’s down 16% quarter over quarter and 15% year over year from the $78 billion invested in Q3 2023.

22h

Google: Best Value In Big Tech Ahead Of Q3, But Lagging In AI

Leading into Q3 earnings, expect continued strength in Google Search, Google Cloud, and advertising. Click here to read why I ...

13hon MSN

Samsung apologizes to investors over weak Q3 guidance, poor chip performance

Despite Samsung reporting its highest quarterly revenues in over two years, the company’s Korea-listed shares fell 1% on Tuesday. The stock is down 24% this year as Samsung has so far struggled to ...

VERSES Provides Q3 2024 Corporate Update

VANCOUVER, British Columbia, Oct. 07, 2024 (GLOBE NEWSWIRE) -- VERSES AI Inc. (CBOE:VERS) (OTCQX:VRSSF) ("VERSES'' or the "Company”), a cognitive computing company specializing in next generation ...

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