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Episode 87: 1 Top Chip Stock Showed the Semiconductor Downturn Is About to Get Worse – Microchip
Shares of Microchip held up quite well considering its revenue and profitability is in all out decline. Excess inventory of industrial and automotive chips have struck the market, and leaders like Microchip are in for a nasty downturn. Other worries like China’s ramping up of semiconductor manufacturing also pose risks. In this video, Chip Stock Investors dig into Microchip’s earnings, and especially the outlook for the important industrial and automotive (including EV) markets. They also talk valuation, and if they’re still adding to Microchip stock at this top. Bonus at the start of the…
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