HONG KONG, July 7 — Seoul once again led losses in Asian stocks today as chip giant Samsung tumbled despite an eye-watering rise in profit, stoking fears that the...

Samsung Electronics forecast a 19-fold jump in Q2 operating profit from a year earlier, as AI-driven demand continued to boost memory chip prices.

AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.

Samsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's durability. Memory chip prices…