Samsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memory chip boom may be peaking. Analysts said strong earnings were already priced in, while concerns over slowing AI infrastructure spending triggered a sharp sell-off across semiconductor stocks.

SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI…

Samsung Electronics prepares to reassure chip investors after Kospi crashes rattled AI stocks and spilled over into Bitcoin and crypto markets.

Samsung Electronics is poised to report an 18-fold increase in operating profit for Q2, driven by soaring AI-related memory demand and rising chip prices.

Analysts expect Samsung to report around 86 trillion won in Q2 operating profit, roughly 18 times last year, as AI memory prices surge.

Samsung Electronics forecast a 19-fold jump in Q2 operating profit from a year earlier, as AI-driven demand continued to boost memory chip prices.

SEOUL, July 7 : Samsung Electronics on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, its third consecutive quarter of record operating…

AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.

AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.

South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven…

The memory bubble appears to be rapidly deflating.

South Korean chipmaker plans to build more fabs to meet rising demand on AI boom

Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's durability. Memory chip prices…

Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.

South Korea's Kospi index dropped significantly, led by chip stocks. Investors questioned the sustainability of record earnings driven by artificial intelligence demand. Samsung…

Samsung's estimate would be the "largest quarterly operating profit in history", beating that of AI chip titan Nvidia, said Kim Dae-jong, a business administration professor at…

SEOUL - South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained…

Samsung's profit surged to $58 billion, driven by booming AI memory chip demand, exceeding analyst expectations significantly.

Samsung’s 1,800% profit surge fails to stop Asian tech sell-off as investors cash in AI gains and fret over lofty chip valuations and geopolitical risks.

Samsung's operating income soared to 89.4 trillion won ($58 billion) in Q2, driven by AI chip demand, yet shares dropped 3% in pre-market trading in Seoul.

South Korean chipmaker plans to build more fabs to meet rising demand on AI boom