AI Chip Market

Seoul, July 7: Samsung Electronics reported a sharp rise in its estimated second-quarter earnings, driven by continued strength in the memory chip business fueled by artificial intelligence (AI) demand. Despite the impressive financial performance, the company's stock came under heavy selling pressure as investors questioned whether the current AI-driven growth cycle can be … [Read more...] about Samsung Forecasts Massive Q2 Profit Growth, But AI Spending Concerns Weigh on Shares