SSUN.F is trading 7.6% down at $2860 after a massive Q2 operating profit surge sparked concerns over stretched chip valuations and triggered widespread profit-taking.
- The stock's decline follows an 8.7% drop in Seoul after Samsung reported a roughly 1,800% profit jump, which paradoxically led to a sell-off across Asian tech and AI-related semiconductor names.
- Despite strong fundamentals, investors are reacting cautiously as markets reassess high valuations in the semiconductor sector following recent rallies.