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Samsung Posted 1,800% Profit Surge. But AI Spending Fears Sent Shares Tumbling Anyway

Samsung
International Business Times Fews App News Provider
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Samsung Electronics delivered one of the strongest quarters in its history, posting a more than 1,800% year-over-year jump in operating profit. Jade Gao/AFP via Getty Images Samsung Electronics delivered one of the strongest quarters in its history, posting a more than 1,800% year-over-year jump in operating profit. Still, the blockbuster earnings failed to impress investors as concerns about artificial intelligence spending sent the company's stock sharply lower.

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