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Samsung Stock Unimpressed Even After 783% Profit Growth Forecast
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The chipmaker forecast roughly $80 billion in quarterly operating profit as AI memory demand surged. Investors are looking beyond the record numbers to the durability of the boom. Record profit meets a restrained market reaction Samsung 005930 forecast third-quarter operating profit of 107.4 trillion won, around $80 billion, up 783% from a year earlier. Thursday’s preliminary guidance also showed a 20% increase from the previous quarter. Operating profit measures…