Latest News

Micron Slides After Memory-Chip Maker Delivers Weak Forecast


Motley Fool

Why AMD Stock Sank 6% Today

The duration of the global semiconductor shortage just keeps getting shorter — and with it, investor confidence in semiconductor stocks like Advanced Micro Devices (NASDAQ: AMD), which closed down 6.1% Tuesday. If you recall, market researcher International Data Corporation (IDC) predicted last week that the dearth of semiconductors, which has hamstrung markets for everything from PCs to automobiles over the past year, will begin easing later this year. Speaking at the Code Conference in Beverly Hills, California, reports CNBC, Su pointed to a number of new semiconductor manufacturing plants coming online over the next few months as evidence that, while supplies will remain “likely tight” through the first half of next year, the chip shortage may end sooner than some investors expect.

South Dakota Gov. Kristi Noem called 2020 meeting of top state officials after daughter was denied real-estate-appraiser certification

Previous article

Dow Jones Dives On Janet Yellen Warning, Stocks Sell Off As Bond Yields Rise

Next article

You may also like


Leave a reply

Your email address will not be published. Required fields are marked *

More in Latest News