Seoul, Nov. 20 -- The stocks of South Korea's top chipmakers rose sharply on Thursday after Nvidia Corp. reported stronger-than-expected earnings for the fiscal third quarter, as per a report by Pulse, the English service of Maeil Business News Korea.
Shares of Samsung Electronics Co. traded up 3.63 per cent at 100,000 won (USD 68) as of 9:06 a.m. after touching an intraday high of 100,900 won. SK hynix Inc. jumped 5.34 per cent to 592,000 won.
The rally followed Nvidia's after-hours surge in New York, where the U.S. chipmaker posted a 62 per cent year-on-year sales jump to a record USD 57.01 billion for the August-October period, beating the $54.92 billion consensus compiled by market research firm LSEG, the Pulse report noted. Nvidia ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.