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Samsung Gains After Nvidia's Jensen Huang's Talk Offsets Profit Miss
Posted
January 8, 2025
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3:57Now PlayingSamsung’s shares rose after Nvidia founder Jensen Huang expressed confidence in the company’s ability to resolve technical issues dogging its highest-end memory. Korea’s largest firm reported preliminary operating profit of 6.5 trillion won ($4.5 billion) for the December quarter, falling short of analysts’ average projection for 8.96 trillion won. Bloomberg's Annabelle Droulers breaks down the situation.
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