This Analyst With 86% Accuracy Rate Sees Over 11% Upside In Meta Platforms - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
Microchip Technology (NASDAQ:MCHP) Stock Performs Better Than Its Underlying Earnings Growth Over Last Five Years
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.
Should You Invest in Microchip Technology Incorporated (MCHP)?
Bain: The surge in demand for ai may once again sound the 'alarm' for chip shortages.
A report from Bain shows that the demand for semiconductors centered on AI and devices supporting AI, such as smart phones and laptops, is surging, which may lead to the next round of global chip shortages.
Shares of Semiconductor and Chip Stocks Are Trading Higher Following Strong Earnings From Micron.
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