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3 comment(s). Last comment by aiinvestor at Feb 2, 2018 08:55 AM
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Posted by tecpower > Jan 31, 2018 10:19 AM | Report Abuse


19 posts

Posted by hstha > Feb 1, 2018 07:27 AM | Report Abuse

Wow! Samsung Electronics fourth-quarter profit up 64 percent on-year to new record

Samsung topples Intel to become the world’s largest chipmaker. Intel is the second largest chip maker now. Recent QR announcements of both Samsung and Intel were amazing.

the world’s largest and second largest chip makers have been doing well recently. It's like the whole semiconductor industry has been doing well recently. Start buying semiconductor stocks now.

Samsung posted its Q4 report, showing $61.8 billion earnings and an operating profit of $11.49 billion. That's a 24% and 73% respective increase over last year's Q4.

The positive results are spearheaded by profitable display and semiconductor businesses as well as growing high-end smartphone sales. That higher demand for Samsung's top-tier smartphones was able to offset slowing lower-end phone sales, although Samsung needed to increase its marketing cost to promote said top-tier phones.

Shares of Broadcom Ltd. AVGO, -0.52% soared 6.2% in premarket trading Wednesday after the company delivered an earnings outlook that came in above expectations. The chip maker said in a release that it expected to report adjusted earnings per share of $5.10, up 40% from a year earlier, for its fiscal first quarter, which ends Feb. 4. Analysts surveyed by FactSet had been predicting adjusted earnings of $4.95 a share.

AMD (Advanced Micro Devices Inc.) shares rallied Wednesday after the chip maker showed strong growth in its computer and graphics business with a significant amount of that estimated to come from cryptocurrency-mining-related sales.

16 posts

Posted by aiinvestor > Feb 2, 2018 08:55 AM | Report Abuse

US 10-year Treasury yield jumps to 4-year high of 2.83% after jobs report

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