Samsung’s ‘better than feared’ earnings spur chip stock rally

admin-dominor July 7, 2022 business news, Earnings, Samsung Electronics Co Ltd, Semiconductor device manufacturing, SK Hynix Inc, Taiwan Semiconductor Manufacturing Co Ltd, Technology, United Microelectronics Corp, World economy

Samsung's second quarter earnings guidance, which provided relief for investors, helped drag up shares of chipmakers TSMC, UMC and SK Hynix.

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