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Samsung Electronics announced that the chip business profit fell short of expectations and said that after announcing the shareholder return plan at the end of January, the company's stock price erased the early trading increase, and the decline widened to 2.9% for a while. At the opening of the market, the stock had once risen 2.9%. Although the chipmaker's semiconductor division's profits soared 15 times, they are still slightly below market expectations, which has cooled the market's optimism about the boom in artificial intelligence infrastructure construction. The division's operating profit for the three months ended September was 106.5 trillion won, lower than analysts' average forecast of 108.5 trillion won. The Korea Composite Stock Price Index fell 1.5%. Kang DaekWun, CEO of Life Asset Management, said: “Samsung is once again behind SK Hynix. Its decision to delay the announcement of specific shareholder return measures highlights the importance of more active shareholder participation to support better corporate decisions and create long-term value.” The increase in memory chip companion SK Hynix narrowed from 6.7% to 2.7%.
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Samsung Electronics announced that the chip business profit fell short of expectations and said that after announcing the shareholder return plan at the end of January, the company's stock price erased the early trading increase, and the decline widened to 2.9% for a while. At the opening of the market, the stock had once risen 2.9%. Although the chipmaker's semiconductor division's profits soared 15 times, they are still slightly below market expectations, which has cooled the market's optimism about the boom in artificial intelligence infrastructure construction. The division's operating profit for the three months ended September was 106.5 trillion won, lower than analysts' average forecast of 108.5 trillion won. The Korea Composite Stock Price Index fell 1.5%. Kang DaekWun, CEO of Life Asset Management, said: “Samsung is once again behind SK Hynix. Its decision to delay the announcement of specific shareholder return measures highlights the importance of more active shareholder participation to support better corporate decisions and create long-term value.” The increase in memory chip companion SK Hynix narrowed from 6.7% to 2.7%.
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