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Samsung Electronics 7 percent drop sparks shift of Wall Street money to big tech

AI hardware-related shares in U.S. markets fell sharply after Samsung Electronics\' earnings release, while money flowed back into large-cap technology stocks that had lagged, CNBC reported. Jim Cramer said the reaction suggested a possible change in market AI leadership as investors questioned memory-chip demand. Data center-linked names weakened and Micron dropped 4.7 percent. Buying interest returned to Amazon, Alphabet, Meta, Apple and Nvidia, as well as enterprise software stocks.