BREAKING
Samsung Profit Jumps 19x, Shares Slide
0
tn won
Q2 operating profit
0
tn won
Q2 revenue (+129%)
0
x
profit YoY
Memory prices surge on AI demand
DRAM QoQ
44
NAND QoQ
53
Markets sell the news
Samsung close
6.9
SK Hynix
6
KOSPI
4.9
Two views on the AI trade
Bull case
strong demand
●
Record third straight quarter
●
AI memory demand durable
Bear case
caution
●
Revenue slightly below forecast
●
Foundry losses may widen
Detailed results due July 30
AI NEWS BLITZ
Samsung posted a record profit, yet its shares tumbled and dragged down AI chip stocks.