Samsung's Share Price Pullback May be Technical Correction

Dow Jones

8 hours ago

2315 GMT - Samsung Electronics' recent share price pullback may reflect a technical correction despite market concerns about excess artificial-intelligence computing capacity, Citigroup's Peter Lee says. The analyst expects the South Korean tech giant's 2Q operating profit to reach 84 trillion won, supported by better-than-expected server DRAM pricing driven by strong demand for AI central processing units. Lee raises his 2026 operating profit forecast for Samsung to 401 trillion won from 334 trillion won. "We believe memory fundamentals are intact and server DRAM pricing has been outperforming on strong CPU demand," he says. Citi raises its 2026 ASP forecast for Samsung's mainstream server DRAM product, the 64GB DDR5 RDIMM, to $1,805 from $1,586. (kwanwoo.jun@wsj.com)

(END) Dow Jones Newswires

July 02, 2026 19:15 ET (23:15 GMT)

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The analyst expects the South Korean tech giant's 2Q operating profit to reach 84 trillion won, supported by better-than-expected server DRAM pricing driven by strong demand for AI central processing units. Lee raises his 2026 operating profit forecast for Samsung to 401 trillion won from 334 trillion won. \"We believe memory fundamentals are intact and server DRAM pricing has been outperforming on strong CPU demand,\" he says. Citi raises its 2026 ASP forecast for Samsung's mainstream server DRAM product, the 64GB DDR5 RDIMM, to $1,805 from $1,586. (kwanwoo.jun@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2026 19:15 ET (23:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Samsung's Share Price Pullback May be Technical Correction</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSamsung's Share Price Pullback May be Technical Correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-07-03 07:15</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  2315 GMT - <a href=\"https://laohu8.com/S/SSNGY\">Samsung Electronics</a>' recent share price pullback may reflect a technical correction despite market concerns about excess artificial-intelligence computing capacity, Citigroup's Peter Lee says. The analyst expects the South Korean tech giant's 2Q operating profit to reach 84 trillion won, supported by better-than-expected server DRAM pricing driven by strong demand for AI central processing units. Lee raises his 2026 operating profit forecast for Samsung to 401 trillion won from 334 trillion won. \"We believe memory fundamentals are intact and server DRAM pricing has been outperforming on strong CPU demand,\" he says. Citi raises its 2026 ASP forecast for Samsung's mainstream server DRAM product, the 64GB DDR5 RDIMM, to $1,805 from $1,586. (kwanwoo.jun@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  July 02, 2026 19:15 ET (23:15 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DRAL","symbol_name":"2倍做多DRAM ETF-Defiance","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2648263941","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2648263941","pubTimestamp":1783034100,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2315 GMT - Samsung Electronics' recent share price pullback may reflect a technical correction despite market concerns about excess artificial-intelligence computing capacity, Citigroup's Peter Lee says. 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The analyst expects the South Korean tech giant's 2Q operating profit to reach 84 trillion won, supported by better-than-expected server DRAM pricing driven by strong demand for AI central processing units. Lee raises his 2026 operating profit forecast for Samsung to 401 trillion won from 334 trillion won. \"We believe memory fundamentals are intact and server DRAM pricing has been outperforming on strong CPU demand,\" he says. Citi raises its 2026 ASP forecast for Samsung's mainstream server DRAM product, the 64GB DDR5 RDIMM, to $1,805 from $1,586. (kwanwoo.jun@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 02, 2026 19:15 ET (23:15 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}