Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit
- Posted on July 7, 2026
- By Business News Today
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- 1 min read
Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit
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.
