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Seoul dives on tough day for Asia as Samsung fails to ease tech woes
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...
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channelnewsasia.com
Samsung likely to post 18-fold jump in profit on surging AI demand for memory
SEOUL, July 6 : Samsung Electronics is likely to estimate that its operating profit jumped about 18-fold to another record high from a year earlier in the second quarter, as AI…
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cryptobriefing.com
Wall Street rises as tech stocks rally ahead of Samsung earnings
Wall Street rose ahead of Samsung's Q2 earnings, with the chip giant projecting a record $56B operating profit driven by AI memory demand.
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Samsung forecasts 19-fold jump in quarterly profit as AI demand fuels chip crunch
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.
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Samsung forecasts record quarterly profit, beating estimates on AI memory demand
SEOUL, July 7 : Samsung Electronics on Tuesday forecast a 19-fold jump in second-quarter operating profit from a year earlier, its third consecutive quarter of record operating…
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straitstimes.com
Samsung flags 1,800% jump in quarterly profit, beating forecasts, on AI memory demand
AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.
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Samsung flags 1,800% leap in quarterly profit on AI boom
AI-driven demand continued to boost memory chip prices. Read more at straitstimes.com. Read more at straitstimes.com.
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france24.com
Samsung expects 1,800% leap in quarterly operating profit on AI boom
South Korean technology giant Samsung Electronics forecast on Tuesday a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained AI-driven…
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zerohedge.com
Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough
The memory bubble appears to be rapidly deflating.
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malaymail.com
Samsung expects 1,800pc leap in quarterly operating profit on AI boom
SEOUL, July 7 — South Korean technology giant Samsung Electronics forecast today a roughly 19-fold jump in second-quarter operating profit from a year earlier, buoyed by...
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Stocks slip; Samsung's record profit revives jitters on AI outlook
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the…
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Stocks stumble as tech slides despite Samsung's record profit; oil rises
LONDON, July 7 : Global stocks fell on Tuesday as technology shares slid despite blockbuster results from Samsung Electronics, with investors remaining concerned about the…
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Stocks ease despite upbeat Samsung forecast, yen languishes
TOKYO, July 7 : Asian stocks drifted lower on Tuesday, even after South Korea's Samsung Electronics forecast an eye-popping 19-fold jump in second-quarter profit, while the…
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Seoul dives on mixed day in Asia as Samsung fails to ease tech woes
Seoul once again led losses on a mixed day in Asian stocks Tuesday as chip giant Samsung tumbled despite an eye-watering rise in profit, stoking fears that the record-breaking,…
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swissinfo.ch
Stocks Slip as Tech Weakness Weighs, Samsung Falls: Markets Wrap
(Bloomberg) -- Asian equities dropped as technology shares came under renewed selling pressure due to investors rotating into other corners of the market. Chip bellwether Samsung…
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asia.nikkei.com
Samsung profit soars 19 times but shares slump 8% on oversupply worries
South Korean chipmaker plans to build more fabs to meet rising demand on AI boom
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economictimes.indiatimes.com
Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stall
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…
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Asian tech stocks slump as investors lock in profits after Samsung's monster run
Samsung Electronics fell 9% and SK Hynix dropped nearly 15% as investors rotated out of AI chip stocks, dragging the Kospi index down roughly 5%.
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bangkokpost.com
Samsung expects 1,800% operating profit leap on AI boom
SEOUL - South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from a year earlier, buoyed by sustained…
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gulfnews.com
Samsung earnings spike 1,800% — but why are Asian stocks cooling?
Samsung’s 1,800% profit surge fails to stop Asian tech sell-off as investors cash in AI gains and fret over lofty chip valuations and geopolitical risks.
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Samsung profit soars 19 times but shares slump 9% on oversupply worries
South Korean chipmaker plans to build more fabs to meet rising demand on AI boom