Samsung Electronics is trading at €3,720.00, up 3.33%, as stronger-than-expected Super Micro results eased concerns over returns on AI infrastructure spending.
- Super Micro reported preliminary first-quarter revenue of $19 billion, versus $15 billion expected; shares rose more than 13% after hours.
- Samsung rose 4.49% in Seoul early trading on October 21, according to Seoul Economic Daily, which attributed the chip rebound to Super Micro’s results. Lower oil prices and U.S. Treasury yields also supported the Korean market.