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Also, "50,000 Electronics." Samsung Electronics has a new 52-week low...Longest net selling streak ever by foreigners [Anchor Report]

2024.10.21 PM 07:01
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Samsung Electronics previously announced provisional sales in the third quarter and did not disclose its performance by division.


The securities industry estimates that Samsung Electronics' semiconductor business is worth 28.56 trillion won, similar to the second quarter.

What about Taiwan TSMC, the foundry leader?

TSMC posted 32.3 trillion won in sales in the third quarter, its best quarterly performance.

As a result, Samsung Electronics' sales record in the semiconductor sector, which was slightly ahead in the second quarter, is likely to be reversed again.

Why TSMC Sales Are Soaring Is Artificial Intelligence

This is because TSMC is effectively exclusively producing Nvidia's state-of-the-art AI chips in the face of soaring demand for artificial intelligence.

High-performance computing with AI chips also accounted for half of TSMC's third-quarter revenue.

It is evaluated that Samsung Electronics is relatively not producing results in the field of artificial intelligence.

The stock market also showed a particularly sluggish performance today.

Foreigners continued their net selling streak for the 29th day, the longest ever, breaking a new 52-week low at one point in the morning.




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