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Samsung's Record $58.4B Q2 Profit Fails to Lift Shares Amid

Samsung's Record $58.4B Q2 Profit Fails To Lift Shares Amid AI Memory Growth Fears

SEOUL, South Korea — Samsung Electronics delivered a blockbuster second-quarter performance with a record preliminary operating profit of 89.4 trillion won ($58.4 billion), a nearly 19-fold increase from a year earlier that surpassed analyst forecasts, yet its shares tumbled as investors signaled concerns that the blistering pace of the artificial intelligence-driven memory chip upcycle may be easing.