Samsung Electronics has forecast a nineteen-fold leap in quarterly profit, its third record quarter in a row, yet investors responded by wiping more than $100 billion (€87.5bn) off the company's value amid doubts over how long the AI-driven memory boom can last.

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 is expected to post a record profit as booming AI memory demand offsets concerns over rising bonus costs.

The company is about to post a massive profit increase estimate.

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…