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Samsung ups earnings guidance as chip sales soar on tariff concerns [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The company expects consolidated sales to come in at about 79 trillion Korean won (€48.8 billion), with consolidated operating profit estimated to be around 6.6 trillion Korean won (€4.1 billion). The consolidated operating profit estimate for the first quarter of 2025 is more than than the 5.2 trillion Korean won (€3.2 billion) predicted by the London Stock Exchange Group's StarMine SmartEstimates model. Similarly, the consolidated sales guidance is an increase of almost 10% year-on-year from the company's Q1 2024 consolidated sales figure. Samsung's shares closed 0.6% higher on the Korea Exchange on Tuesday following the update. This updated guidance comes as Samsung continues to experience a boost in sales, driven mainly by better-than-expected demand for its DRAM chips and its flagship artificial intelligence smartphones. This flurry of buying activity has been exacerbated by the expectation of US tariffs on chip imports in the coming months. Although most semiconduct
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