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Citi: Samsung's Share Price Pullback Could Be a Technical Correction
4 day ago /
Read about 0 minute
Author：小编
Peter Lee of Citigroup pointed out that despite market concerns over AI computing power oversupply, the recent share price pullback of Samsung Electronics may be a technical correction. He expects that driven by strong demand for AI central processing units, server DRAM prices will exceed expectations, supporting Samsung's operating profit to reach KRW 84 trillion in the second fiscal quarter.
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