Samsung Stock Soars on AI Chips, Memory Boom
Update: 2026-01-07
Description
Samsung Electronics stock surges, adding $350 billion to its market value since last year, as analysts predict record profits in AI chips. Shares outperform rival SK Hynix, jumping 4% on Nvidia CEOs AI data storage comments. Analysts expect huge gains, with Samsungs valuation looking cheap at 10x forward earnings, despite potential disappointment in earnings. Checkout Solipillow.com
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