Telecommuting is the ability for an employee to complete work assignments from outside the traditional workplace by using telecommunications tools. E.g. Work form home, remote working and mobile working. The Telecommuting concept includes major US-listed companies that offer telecommuting technologies.
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Citi: Don't panic about the sharp decline in chip stocks, now is a good time to buy.
Citibank pointed out that although there has been a sharp decline in US chip stocks, this is mainly due to macroeconomic factors and high expectations. Semiconductors markets are still bullish, mainly because the demand for AI and storage markets remains strong. It is expected that DRAM prices will increase by 62% YoY in 2024, and Micron's performance guidance may be revised upward.
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