Home Business News Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall

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Published: July 7, 2026 08:15:07 IST

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By Heekyong Yang, Hyunjoo Jin and Joyce Lee SEOUL, July 7 (Reuters) – Samsung Electronics on Tuesday flagged a 19-fold jump in second-quarter operating profit from a year earlier, surpassing its

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