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-0.000282585658777962 -0.000706464146944502 0 0.000211232779936403 0.000352525609325384 0.000352525609325384 0.000352525609325384 0.000352525609325384
Stock impact report

Samsung Profit Disappoints After AI Chip Missteps Hurt Business [Yahoo! Finance]

NVIDIA Corporation (NVDA) 
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
Company Research Source: Yahoo! Finance
(Bloomberg) — Samsung Electronics Co.'s quarterly profit missed estimates, reflecting a costly effort to claw back market share in the pivotal AI chip and smartphone arenas. Most Read from Bloomberg NYC's Subway Violence Deters Drive to Bring Workers Back to Office Dutch Central Bank Restores Amsterdam's ‘Ugliest Building' Can American Drivers Learn to Love Roundabouts? Don't Shrink the Bus Can States Hit the Brakes on Runaway Roadbuilding? Korea's largest company reported preliminary operating profit of 6.5 trillion won ($4.5 billion) in the December quarter, versus analysts' average projection for 8.96 trillion won. Revenue came to 75 trillion won, also missing estimates. Samsung will provide a full financial statement with net income and divisional breakdowns later this month. The disappointing results will likely stoke concerns that the electronics conglomerate is falling further behind rivals SK Hynix Inc. and Micron Technology Inc. in the lucrative AI arena. Sam Show less Read more
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