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Technology Stocks : Semi Equipment Analysis
SOXX 270.83+1.0%4:00 PM EST
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From: Sam3/5/2019 11:51:07 AM
1 Recommendation

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oldbeachlvr

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Buy when there's blood in the street!

Chip Market Downturn Begins in Earnest
By Dylan McGrath, 03.05.19

SAN FRANCISCO — After a three-year run of record chip sales, the widely expected semiconductor industry downturn appears to be at hand.

Chip sales fell sharply in January on both a sequential and annual basis, according to the World Semiconductor Trade Statistics (WSTS) organization. It was the first year-to-year decline in chip sales for any month since July 2016.

continues at eetimes.com

[But there's a silver lining them thar hills--here is the conclusion of this article:

Despite the slowdown in sales, Neuffer maintained that the long-term outlook for the industry remains promising "due to the ever-increasing semiconductor content in a range of consumer products and future growth drivers such as artificial intelligence, virtual reality, the Internet of Things and 5G and next-generation communications networks."

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