Samsung Electronics Market Cap Drops $122B Over AI-Linked Memory Chip Struggles: Bloomberg Report

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6 months ago bitnews

South Korean tech giant Samsung Electronics Co., which was expected to capitalize on the booming AI market, has seen a sharp downturn in recent months, highlighted by a 32% stock decline since July and a staggering $122 billion loss in market value, according to an article by Youkyung Lee and Yoolim Lee for Bloomberg News