Surprise Me!

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

2026-07-07 1,204 Dailymotion

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.

READ MORE : http://www.euronews.com/2026/07/07/samsung-loses-over-100bn-in-market-value-despite-record-profit-from-ai-chip-boom

Subscribe to our channel. Euronews is available on Dailymotion in 12 languages