Samsung Stock Falls Despite Record Profit Increase
Despite a record 19x year-over-year increase in operating profit for Q2, Samsung's stock dropped by 20%. The decline has raised concerns about the broader memory market and companies like Micron Technology. Analysts suggest that investors were expecting even stronger results given previous sequential price growth of DRAM and NAND flash.
Topics: DRAM memory chips Micron Technology NAND flash profit report Samsung