Samsung Electronics is trading at $5100.00, up 4.08%, amid memory-chip strength following Micron’s record quarterly revenue and upbeat outlook.
- The report lifted expectations for Samsung Electronics and other Korean chipmakers.
- Samsung completed its announced treasury-share buyback. Investors were watching for potential selling after the program’s support ends, so the buyback is not a clear explanation for the gain.
- No trading-volume data was provided.