SEOUL, July 8 (Reuters) - Samsung Electronics ( SSNLF )

on Tuesday projected a 56% drop in second-quarter

operating profit from a year earlier, missing analysts'

estimates by far.

Its chip business struggled with weak sales of artificial

intelligence chips, dogged by delays in the supply of its latest

chips to Nvidia ( NVDA ) and continued losses in its contract

chip manufacturing business, analysts said.

The world's largest memory chipmaker estimated an operating

profit of 4.6 trillion won for the April-June period, versus a

6.2 trillion won LSEG SmartEstimate.

That would compare with 10.4 trillion won in the same period

a year earlier and 6.7 trillion won in the preceding quarter.

Revenue would likely fall 0.1% to 74 trillion won from a

year earlier, the filing showed.

Samsung is expected to release detailed results including a

breakdown of earnings for each of its businesses in late July.