Samsung and TSMC fail to excite investors used to torrid AI growth
FROM THE PUBLISHER
Samsung Electronics earned a nearly ninefold rise in quarterly operating profit, and Taiwan Semiconductor Manufacturing Co.’s sales jumped 51%, reflecting the spoils of relentless spending on AI infrastructure.Yet investor reaction to a day of record-setting results was muted, weighed down by worries about the staying power of an investment boom propped up by rising debt levels. Samsung’s stock price shed 2.4% Thursday in Seoul. In Tokyo, shares of both companies’ suppliers including Tokyo Electron, Advantest…
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