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Stockreport

Samsung's Profit Surges After AI Boom Reverses Chip Losses [Yahoo! Finance Canada]

Microsoft Corporation (MSFT)  More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
like Microsoft Corp. and Alphabet Inc. led a surge in spending on artificial intelligence services. Most Read from Bloomberg The world's largest memory chipmaker reported net income of 6.62 trillion won ($4.8 billion) in the March quarter, versus the average analyst projection for 5.63 trillion won. That's more than four times the company's earnings a year earlier. ADVERTISEMENT The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe downturn. The company's shares rose as much as 2.4% in Seoul trading. Samsung, also the world's largest smartphone maker, is trying to reverse a year-long decline triggered by global economic uncertainty. In 2023, the company's overall operating profit plunged to a 15-year low after its semiconductor unit posted a loss of 14.9 trillion won. Signs are pointing to a gradual market rebound, driven in part by demand for chips used to develop AI after the [Read more]
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Stockreport

Samsung's Profit Surges After AI Boom Reverses Chip Losses [Yahoo! Finance Canada]

Microsoft Corporation  (MSFT) 
More Company Research Source: Yahoo! Finance Canada
Last microsoft corporation earnings: 4/29 04:06 pm Check Earnings Report
US:NASDAQ Investor Relations: microsoft.com/en-us/investor
like Microsoft Corp. and Alphabet Inc. led a surge in spending on artificial intelligence services. Most Read from Bloomberg The world's largest memory chipmaker reported net income of 6.62 trillion won ($4.8 billion) in the March quarter, versus the average analyst projection for 5.63 trillion won. That's more than four times the company's earnings a year earlier. ADVERTISEMENT The results underscore how demand for the memory chips that power modern electronics and artificial intelligence is starting to rebound after a severe downturn. The company's shares rose as much as 2.4% in Seoul trading. Samsung, also the world's largest smartphone maker, is trying to reverse a year-long decline triggered by global economic uncertainty. In 2023, the company's overall operating profit plunged to a 15-year low after its semiconductor unit posted a loss of 14.9 trillion won. Signs are pointing to a gradual market rebound, driven in part by demand for chips used to develop AI after the [Read more]
IMPACT SNAPSHOT
EVENT TIME:
MSFT
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS