Article
Ericsson Tumbles On Margin Headwinds Sparked By Memory Chip Inflation
Ericsson Tumbles On Margin Headwinds Sparked By Memory Chip Inflation
Ericsson shares in Stockholm plunged the most in 18 months after the Swedish telecom equipment giant warned that soaring component costs will pressure margins in its core networks business this quarter.
The stock fell as much as 10% in Stockholm after outgoing CEO Börje Ekholm warned about higher input costs, partly driven by AI-fueled demand for memory chips. Citi analysts said the top concern is the margin impact extending into 2027.
"The big challenge in our view is the building component...
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Oklo just secured a direct path to turn Cold War-era plutonium into fuel for its advanced reactors.
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Iran Says 'Prepared To End War' If Security Guarantees Offered, But Still No Direct Negotiations - Just 'Messages'
Summary
President Pezeshkian: prepared to end war with guarantees against further attacks.
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