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Samsung profits up 19x in Q2, but shares drop over 10%
๐Ÿ“ˆ Business

Samsung profits up 19x in Q2, but shares drop over 10%

Samsung reported a 19-fold surge in profits in Q2 2026, driven by booming demand for AI memory chips. Despite the record results, the company's shares fell by more than 10% on Asian markets as investors had priced in even higher expectations. The drop is adding to concerns about capital outflows from South Korea's heated tech market.

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