Is Samsung Poised for Significant Growth as the AI Chip Market Surges?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 12 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Intel Corporation News

NVIDIA Corporation,Samsung Electronics Co Ltd

Stocks Analysis by The Tokenist (Timothy Fries) covering: Intel Corporation, NVIDIA Corporation, Samsung Electronics Co Ltd. Read The Tokenist (Timothy Fries)'s latest article on Investing.com

) will announce its first-quarter earnings this month, and investors should eagerly anticipate the results. The South Korean tech giant expects its operating profit to grow tenfold compared to the previous year’s first quarter, reaching 6.6 trillion won .

The impressive earnings growth is likely attributed to more robust demand for Samsung’s smartphones and other devices, notably after the company incorporated artificial intelligence across most of its product lineup.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cocoa Futures: The Impact of Supply Woes on the Broader MarketCommodities Analysis by The Tokenist (Timothy Fries) covering: US Cocoa Futures. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 Stocks Set Up for a Great Second Quarter of 2024Stocks Analysis by The Tokenist (Timothy Fries) covering: Marvell Technology Inc, Occidental Petroleum Corporation, Pfizer Inc. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

3 AI Stocks That Are Trading at a Discount in AprilStocks Analysis by The Tokenist (Timothy Fries) covering: NVIDIA Corporation, Walmart Inc, Honda Motor Co Ltd ADR, Target Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

Meme Stocks Are Back and These 3 Are Making the Most NoiseStocks Analysis by The Tokenist (Timothy Fries) covering: S&P 500, US Small Cap 2000, Interactive Brokers Group Inc, IAMGold Corporation. Read The Tokenist (Timothy Fries)'s latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »