INTC slumps on capex strategy, margins
INTC beat on both top and bottom lines on Wednesday. Intel stock dropped 7% on Thursday due to management’s forecast and capex push. Investors are worried higher capex means lower near term earnings. Intel Corporation (INTC) stock likely shocked a…
Samsung Electronics Q4 Profit Jumps on Server Chip Demand, Foundry Margins | Investing News
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January 7, 2022
By Joyce Lee and Heekyong Yang SEOUL (Reuters) -Samsung Electronics Co Ltd said on Friday its fourth-quarter operating profit likely jumped 52% on-year to its highest for the quarter in four years, helped by solid demand for server memory chips and…