Ericsson misses earnings forecasts as AI chip costs rise
businesscompany-earnings 3 posts · 2 accounts
Ericsson reported first-quarter earnings below expectations and said AI-driven semiconductor costs remain elevated, adding pressure to an already weak telecom-equipment market.
From the sources (3 posts)
@businessEricsson’s earnings missed forecasts in the first quarter as a weak telecom equipment market and rising AI-driven chip costs weighed
@firstsquawkEricsson CFO says AI-related semiconductor demand is impacting costs and will persist until markets stabilise
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