Samsung Electronics is trading at €3,890, down 5.58%, as October 13 reports linked pressure to Chinese rival CXMT’s denser DRAM progress and competition concerns.
- Reports also cited Broadcom CEO Hock Tan’s warning about AI investors’ expectations, adding to semiconductor-sector weakness.
- These were sector-wide pressures, not a separate Samsung-specific announcement.
- Chips/semiconductors fell 2.64% in the regular session. The supplied move is -5.58%; external reports describe different moves, which are not used here.