Samsung Electronics, despite market doubts about sustaining memory price hikes, raised DRA
Samsung Electronics, despite market doubts about sustaining memory price hikes, raised DRAM prices by 20%, reported operating profit growth of 1803% year-over-year, and became the world's most profitable company ahead of NVDA and AAPL, yet the stock sold off 7%. The post highlights a disconnect between strong earnings and market reaction.
“Be Samsung at $1.24T: > market: we don’t think you can keep hiking memory prices > proceeds to hikes dram by 20% > releases earnings > most profitable company in the world beating $NVDA and $AAPL > operating profits growing 1803% Y/Y market: sells off Samsung -7%”Original post：X / @aleabitoreddit ↗