Raising Interest Rates Does Not Counter Inflation

Priced Beyond Perfection: Samsung Electronics Tumbles As Soaring Profit Not Good Enough The memory bubble appears to be rapidly deflating. After the semiconductor/memory sector was walloped in Monday US trading without any clear negative catalyst, the semiconductor-chasing world was eagerly waiting to hear what Samsung - the world’s largest memory maker - would report in its preliminary Q2 earnings report as investors sought to justify sky-high investments and valuations around AI. In the end, it was not good enough, and the stock is down 5% at last check.  Samsung Electronics’s quarterly profit surged...

Goldman Cuts ARM To Sell On Shocking Smartphone Weakness Arm Holdings ADRs sank nearly 9% in premarket trading, on track for the largest intraday decline in almost a year, after the chip-architecture company reported softer-than-expected fiscal fourth-quarter royalty revenue tied to a slowdown in the smartphone industry, while assuring investors that data center demand can offset the slump. During an earnings call, Wells Fargo analyst Joe Quatrochi asked Arm CEO Rene Haas: "Clearly, data centers are very strong and accelerating, but then how do you think about consumer electronics, smartphones, et...