🟢 Samsung Electronics is trading 4.1% up today as chip sector rebounds from AI selloff

Samsung Electronics is trading 4.1% up today at $4632.00 as investors buy back into chip stocks after last week’s sharp AI-driven profit-taking.

• The move follows a broader semiconductor rebound after heavy selling pressured the sector earlier in July.
• While Samsung’s Q2 earnings beat expectations, the stock initially faced pressure from concerns over the sustainability of AI memory demand and heavy capital expenditure plans.