Samsung share price dips: Earnings miss to Trump tariffs — key reasons behind the fall explained
Samsung share price: Samsung Electronics’ share price declined in trade on Tuesday after the company delivered an earnings shock, projecting a 56% drop in its second-quarter operating profit, dented by US curbs on China and delays in supplying high-bandwidth memory (HBM) chips to key US customer Nvidia.
Additionally, US President Donald Trump levied a 25% tariff on South Korea, further clouding the outlook for the stock.
Samsung Q2 Earnings Miss
Samsung, one of the world’s largest makers of memory chips, reported a preliminary operating profit of 4.6 trillion won in the June quarter — the company’s lowest since 2023 and short of analysts’ projections, as per a Bloomberg report. The revenue was flat at 74 trillion won.
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