SMIC Up, TSMC Jumps, Samsung Expansion
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Chinese chip stocks like Semiconductor Manufacturing International Corporation are on the rise, with optimism supported by a report saying ChangXin Memory Technologies has signed a supply agreement with Tencent. Investment plans by South Korea’s Samsung and SK Hynix further bolster sentiment in the sector- TSMC shares jump as much as 4.4% in Taipei after Morgan Stanley analysts raised their price target for the chipmaker by 12% to NT$2,888, citing a better revenue and pricing outlook.- Samsung Group…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.