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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

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Dec 5 4:00 PM EST

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To: Sam who wrote (84934)	4/22/2020 4:34:29 PM
From: Sam	1 Recommendation of 95531

Chip stocks rally as Texas Instruments provides first look into coronavirus impact on sector Published: April 22, 2020 at 2:40 p.m. ET By Wallace Witkowski As expected, PCs and servers look good while auto and industrial sales do not Chip-related stocks rallied Wednesday after Texas Instruments Inc. gave investors a sneak peek into earnings for the broader sector, namely, that chip sales for PCs and servers will be strong while automotive chips and those for industrial uses will be weak while the COVID-19 pandemic plays out. Late Tuesday, Texas Instruments TXN, +4.81% reported earnings that topped Wall Street estimates and used the 2008 financial crisis as a playbook for formulating its outlook for the second quarter. continues at marketwatch.com

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