MarketCatalystSamsung projected a record 107.4 trillion won ($80.18 billion) operating profit for Q3, up nearly ninefold from a year ago on AI memory demand, yet its shares fell 2.4% in Seoul and Micron slipped 1.5% premarket.
Wall Street issued 27 analyst calls on Thursday, led by Goldman's upgrade of Palantir, Citi's downgrade of NXP and HSBC's cut of Constellation Brands, plus a wave of new coverage across AI, energy, travel and financials.
Penguin Solutions grew fourth-quarter sales 68% to a record $567 million and now expects fiscal 2027 sales of about $2.43 billion and adjusted EPS of $4.45, well above its own preliminary view and analyst estimates. Shares rose 6.4% after hours. Memory drove the quarter, neoclouds drove the outlook, and cash flow is the catch.
FuelCell Energy jumped on Tuesday after Fit Energy named a Pennsylvania site for a fuel-cell-powered data center. Only the first 30 MW of the up-to-380 MW framework is firm, and the new announcement gave no order size or schedule.
Seagate, Western Digital and SK Hynix fell sharply on Tuesday even as broader tech and chip stocks rose, as a Toshiba hard-drive expansion, caution before Samsung's earnings and a stretched rally weigh on the group.
Marvell hosts its Investor Day on October 6, and analysts expect higher long-term targets for custom AI chips, optics and earnings per share. Here is what they want to hear and why the stock is priced for a strong showing.