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Samsung finance announced stock buyback worth ₩1T

Model: NS-40F401NA26
SKU: 6614066
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Comp. Value: $888.000
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Samsung Finance announced stock buyback worth ₩1T, signaling management confidence in undervaluation. Such corporate actions often precede multi-month rallies in the tech sector. Coinbase has been pursuing expansion as it faces growing competition in both traditional finance and the crypto sector. The company, which entered the S&P 500 this year and holds an $83 billion market capitalization , has been diversifying its services beyond trading. In an investigation, the Ottawa-based researchers concluded that TSMC manufactured the dies used in the Huawei accelerators. They also uncovered an older-generation type of high-bandwidth memory, designated HBM2E, made by Samsung and SK Hynix. Components from the two manufacturers were found in two different samples of the Ascend 910C, TechInsights said. Samsung Finance’s Q4 operating profit consensus sits at ₩13.5T, 10% above prior guidance. Uptrend in microchip ASPs is seen as a catalyst for continued stock strength.