financetom
Technology
financetom
/
Technology
/
Samsung fourth-quarter operating profit outlook misses estimates by large margin
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Samsung fourth-quarter operating profit outlook misses estimates by large margin
Jan 7, 2025 4:00 PM

SEOUL, Jan 8 (Reuters) - Samsung Electronics ( SSNLF )

estimated on Wednesday a 131% jump in fourth-quarter operating

profit from a year earlier but missed analyst estimates by a

large margin as it lagged behind rival SK Hynix ( HXSCF ) in

supplying high-end chips to Nvidia ( NVDA ).

The world's largest memory chip, smartphone and TV maker

estimated an operating profit of 6.5 trillion won ($4.47

billion) for the three months ended Dec. 31, versus a 7.7

trillion won LSEG SmartEstimate.

($1 = 1,454.6000 won)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Arm CEO downplays ambitions to make its own chip in Qualcomm case
Arm CEO downplays ambitions to make its own chip in Qualcomm case
Dec 16, 2024
WILMINGTON, Delaware (Reuters) -The chief executive of Arm on Monday downplayed the company's ambitions to become a chip supplier in its own right at a trial against Qualcomm, a major customer that pays Arm an estimated hundreds of millions of dollars per year. The crux of the litigation is a clash over Qualcomm's license agreement for the use of Arm's...
Broadcom's Options: A Look at What the Big Money is Thinking
Broadcom's Options: A Look at What the Big Money is Thinking
Dec 16, 2024
Whales with a lot of money to spend have taken a noticeably bearish stance on Broadcom ( AVGO ). Looking at options history for Broadcom ( AVGO ) we detected 543 trades. If we consider the specifics of each trade, it is accurate to state that 32% of the investors opened trades with bullish expectations and 47% with bearish. From...
Expert Outlook: NetApp Through The Eyes Of 9 Analysts
Expert Outlook: NetApp Through The Eyes Of 9 Analysts
Dec 16, 2024
NetApp ( NTAP ) has been analyzed by 9 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 2 1 5...
9 Analysts Have This To Say About BlackLine
9 Analysts Have This To Say About BlackLine
Dec 16, 2024
Providing a diverse range of perspectives from bullish to bearish, 9 analysts have published ratings on BlackLine ( BL ) in the last three months. The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective. Bullish...
Copyright 2023-2026 - www.financetom.com All Rights Reserved