Erste Group analyst Hans Engel upgraded Samsung (SSNLF) to Buy from Hold. The firm sees strong sales for the company in 2026 due to significantly higher memory chip prices.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- AI Daily: Alibaba seeks IPO for AI chipmaking division T-Head
- Rising costs of memory chips dims outlook for consumer electronics, Reuters says
- Compal Electronics Warns AI-Driven Memory Costs May Pressure PC Margins Through 2027
- Memory Prices Jump 50% as AI Data Centers Tighten Chip Supply
- Tesla, BYD Face Memory Chip Shortage in 2026, Wells Fargo Warns