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Server maker Supermicro’s stock soars on crushed earnings results and soaring profits

Data center server maker Super Micro Computer Inc. seems to be back in Wall Street’s good graces after delivering an impressive earnings beat in its fourth quarter reported today. The company surprisingly missed expectations on revenue, but the big beat on its bottom line, combined with strong guidance for the current quarter, helped its stock […] The post Server maker Supermicro’s stock soars on…

Server maker Supermicro’s stock soars on crushed earnings results and soaring profits

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[Opening Market] KOSPI Surges Past 6,400 on Semiconductor Rally

On the morning of Aug. 12, the domestic stock market is showing an upward trend, driven by the steady flow of the semiconductor sector and recently announced strong export performance, despite the…

  • KOSPI index surpasses 6,400, driven by semiconductor rally
  • KOSDAQ index declines slightly amid profit-taking
  • Foreign investors net-bought KOSPI shares, boosting market

Samsung, SK hynix Expected to Deliver Massive Shareholder Returns

Samsung Electronics and SK hynix are expected to announce large shareholder return programs as early as this month following their record earnings.

  • Samsung Electronics and SK hynix to reveal shareholder return plans in Q3
  • Combined returns expected to exceed 150 trillion won
  • Analysts see dividend yield over 7% if returns realized