Nvidia launched powerful AI chips. Goldman expects boost to 3 stocks
Investors can also buy the three stocks through concentrated exchange-traded funds or diversified funds.
Source: cnbc.com
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Samsung Profit Beats As Memory Chip Sector Recovers From Trough
(Bloomberg) -- Samsung Electronics Co. reported its worst decline in quarterly revenue since at least 2009, stoking uncertainty over when a year-long electronics and memory chip demand slump will end.Most Read from BloombergMeta’s Threads App Draws Millions Seeking a Twitter AlternativeUkraine Has Caught Up With Russia’s Tank Numbers, Data SignalStocks Stumble as Traders Turn to Payroll Data: Markets WrapBiden Set to Send Cluster Munitions to Ukraine Despite ConcernZuckerberg’s First Tweet in 11
Source: yahoo.com
Samsung sales fall most in over a decade as chip slump persists
The stock slid 2% in Seoul, the most on an intraday basis in more than two months, after Samsung reported a larger-than-anticipated 22% decline in sales to 60 trillion won ($46 billion).
Source: moneyweb.co.za
Profit from Samsung's memory chip business falls by a stunning 90%
Profit from Samsung's memory chip business falls by a stunning 90% - SiliconANGLE
Source: siliconangle.com
Samsung's latest report doesn't bode well for the immediate success of the Galaxy S23 line
Thanks to a 97% drop in semiconductor profits for the fourth quarter, Samsung reported weaker fourth-quarter profits.
Source: phonearena.com