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Samsung loses over $100bn in market value despite record AI-driven profit

Business | Euronews RSS · 5d ago · 🇰🇷 South Korea
Samsung loses over $100bn in market value despite record AI-driven profit

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.

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