India, July 7 -- European stocks are seen opening flat to slightly lower on Tuesday as doubts linger over the sustainability of the AI boom.
Shares of Samsung Electronics slumped nearly 10 percent today despite the world's largest memory chipmaker flagging a 19-fold jump in second quarter operating profit from a year earlier, fueled by soaring demand for memory chips needed in AI data centers.
As rising capital expenditures and competition become synonymous with rising semiconductor demand, investors are questioning the sustainability of record earnings.
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