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Technology Stocks : Semi Equipment Analysis
SOXX 298.01-0.5%Dec 15 4:00 PM EST
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Kirk ©
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To: Kirk © who wrote (78510)1/11/2018 1:48:38 PM
From: Donald Wennerstrom2 Recommendations  Read Replies (1) of 95580
 
That could very well be but there are other factors at work as well in the case of Micron and INTC.
It might be profit taking in LRCX and AMAT... plus rotation into some losing positions from last year. I believe the others did well last year too.

Just read the article released in SA today. The "sharp knives" are out for MU and INTC

seekingalpha.com

Intel's Split Is Really Bad News For Micron Technology
Jan. 11, 2018 8:06 AM ET

Excerpt:

Summary

Micron Technology and Intel has announced it will discontinue its 3D NAND joint development program.

Micron's stock has been moving sideways for the past quarter based on several negative news articles.

There are now reports that Intel may form a joint development with China's Tsinghua Unigroup, a company that tried to buy Micron a few years ago.

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