Samsung loses over $100bn in market value despite record profit from AI chip boom

Despite Samsung Electronics reporting its third consecutive record quarterly profit driven by the AI chip boom, the company saw its market value plummet by over $100 billion. Investors' skepticism about the sustainability of the AI-driven memory chip surge has led to this significant loss. This reaction underscores broader concerns about the longevity of current tech trends and their potential impact on future earnings, raising questions about the market's confidence in Samsung's long-term growth prospects.