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

Samsung loses over $100bn in market value despite record AI-driven profit
Latest News From Euronews | Euronews RSS

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.

This story was reported by Latest News From Euronews | Euronews RSS. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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