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Is winter really coming? Micron's financial report slaps Goldman Sachs in the face, global chip stocks partying together.
①This Thursday, global chip stocks usher in a frenzy. After Micron Technology released a bright financial report, SK Hynix and Tokyo Electron Ltd. unsponsored ADR also brought bullish news, driving the chip stocks in the USA, Japan, and Europe markets to generally rise; ②In stark contrast to the continuous good news, a pessimistic report titled 'Winter is Coming' was published by Morgan Stanley just half a month ago.
Trending Industry Today: Applied Materials Leads Gains In Solar Power Stocks
Express News | Philadelphia Semiconductor Index up 4%
Express News | Broadcom up 1.6%, Qualcomm up 2.4%, Applied Materials up 5.4%
Express News | Intel up 2.4%, Advanced Micro Devices up 2.2%, ON Semiconductor up 2.6%
Express News | Semiconductor Stocks Rise Premarket After Micron Technology Results
Wongy OP : Was staring at loss the past week…finally unload. Will wait for new entry point. Any advise?
jujujitrades Wongy OP : Ditto..I'm hanging on for now, tho