Chips slide after Skyworks' Q1 warning Nov. 9, 2018 10:59 AM ET|By: Brandy Betz, SA News Editor
Chip stocks are seeing red after Skyworks reported downside Q1 guidance on premium smartphone weakness and softness in China.
On the move: ( SMH -1.8%), ( UCTT -7.5%), ( QRVO -5.2%), ( MXWL -5.7%), ( HIMX -7%), ( AMD -2.6%), ( STX -4.3%), ( WDC -3.7%), ( ICHR -4.7%), ( AMKR -3.7%), ( MKSI -3.4%), ( ON -2.3%), ( AMAT -2.2%), ( OLED -3%), ( MRVL -2.6%), ( FORM -1.7%), ( SGH -2.5%), ( LRCX -2.3%), ( TER -3%), ( SIMO -1.7%), ( SMH -1.8%).
Previously: IPhone suppliers drop on more softness warnings (Nov. 9)
Previously: Analysts push Skyworks to sidelines after weak guidance (Nov. 9)
seekingalpha.com |