US Export Bans And Nvidia Supply Issues Crush Samsung Chip Profits — Hopes Rest On Ultra-Thin Foldables, Smartwatches And Possible XR Debut At Galaxy Unpacked Event
Samsung reported a 56% drop in Q2 profit due to U.S. AI chip curbs on China and delayed Nvidia shipments, just days ahead of its July 9 Galaxy Unpacked event where it's expected to unveil new foldables, smartwatches, and possibly its XR headset.