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Samsung stocks fall to their lowest in over four years

Since the beginning of the year, Samsung Electronics’ shares have declined by 34%, falling to their lowest in more than four years. This predicts their worst annual performance in over 20 years.

This drop is due to worries about potential US tariffs under President-elect Donald Trump’s administration.

Samsung, the world’s leading memory chip producer, has been underperforming against competitors like TSMC and Nvidia.

The primary reason is its delay in catching up with the growing demand for AI chips.

Recent Samsung developments

Timeline
08-Nov-2024 📉 Samsung loses lead to SK Hynix amid AI demand surge
  • Samsung’s profits and market value drop significantly.
  • Falling behind SK Hynix in high-bandwidth memory.
01-Nov-2024 📉 Samsung focuses on high-value AI chips post-earnings miss
  • Samsung to focus on high-value chip production
  • Reported lower-than-expected earnings this quarter
30-Oct-2024 📉 Samsung shares plummet 32%, losing $122b to chip rivals
  • Samsung’s stock falls 32%, losing $122 billion
  • Foreign investors sold $10.7 billion in shares
22-Oct-2024 🤝 Samsung, Intel eye foundry alliance to challenge TSMC
  • Intel CEO meets Samsung’s Chairman for talks
  • Collaboration aims to boost competition against TSMC
16-Oct-2024 🛠️ Samsung India workers end strike after 37 days
  • Samsung workers end strike after 31 days
  • Agreements reached on wages and working conditions

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