Says in Q3 Memory: Achieved Record-High Quarterly Revenue; Sequentially expanded HBM3E sales in line with strong AI demand; Proactively addressed strong demand across all applications; Significantly Improved Profit; Enhanced profitability amid market price increase; Sequential profit increase partially attributable to reduced one-time inventory value adjustments. Says Q4 outlook includes: Actively Respond to AI/Conventional Server Demand; Cater to market needs with HBM3E, high-density eSSD, and other leading-edge products; Expand Sales of High-Value-Added Server Memory; Utilize diverse high-performance products, such as industry-leading 128GB DDR5, 24Gb GDDR7, etc. Says 2026 outlook includes: Strategic Focus on HBM; Prioritize the expansion of HBM4 business with differentiated performance to address increasing AI demand; Aim to broaden HBM sales base to strengthen position in HBM market; Concentrate on High-Value-Added Product Sales; Seek to expand AI-related product sales with DDR5, LPDDR5x, high-density QLC SSD, etc.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- Apple (AAPL) Poised for Steady Growth as iPhone Sales Pick Up Ahead of Q4 Results
- Tesla’s AI5 chip to be manufactured by Samsung, TSMC, CNBC reports
- AI Chip Boom Triggers Global Memory Shortage, Lifting Prices for Samsung, SK Hynix, and Micron
- Samsung and Google Take on Apple and Meta in the XR Headset Race
- China’s CXMT Targets $42B Shanghai IPO to Challenge Global Chip Giants