Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profit

Samsung shares fell around 10% despite the company forecasting a roughly 19x year-on-year jump in quarterly operating profit to 89.4 trillion won (about $58.44 billion), with revenue expected to climb 129% to 171 trillion won. The selloff reflected concerns that strong earnings were already priced in and worries about the durability of the AI-driven memory chip boom, with analysts flagging risks of a slowdown in AI infrastructure spending by major US hyperscalers. Citi Research noted DRAM and NAND average selling prices rose 44% and 53% quarter-on-quarter in Q2, while broader chip-linked stocks across Asia came under pressure.