SMSN.IL is trading 3.8% down today at $4,850, pulling back despite Samsung Electronics announcing its Q2 2026 earnings guidance, which revealed record profits driven by robust AI-chip demand.
- Samsung Electronics forecast a significant jump in Q2 operating profit, with analysts attributing the surge to continued strong demand for AI memory chips.
- This comes after a period of strong optimism surrounding AI-chip demand that recently boosted shares, with today's movement potentially reflecting a 'sell the news' reaction or profit-taking.