Samsung and AI chip stocks fall after 19-fold rise in profit fails to impress investors
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Samsung has reported a significant increase in profit, with a 19-fold rise, but this has failed to impress investors, leading to a decline in the company's stock and other AI chip stocks. The surge in profit is attributed to demand for AI-related chips, but concerns about the sustainability of this demand and pricing for memory chips have led to a selloff. The decline has affected not only Samsung but also other stocks in the sector, including those of other major chip manufacturers.
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