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Samsung's Profit Just Rose Nearly Ninefold on Memory Chips

Source: 247wallst.com

Corporate EarningsCompany FundamentalsTechnology & InnovationAnalyst Insights
Samsung's Profit Just Rose Nearly Ninefold on Memory Chips

Samsung reported its best quarterly profit ever, which the article says could change investors’ view of the memory-chip cycle. It flags possible implications for Micron and SanDisk ahead of their next reports but provides no profit figure or specific outlook for either company.

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