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Technology Stocks : Semi Equipment Analysis

SOXX 288.52

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To: Johnny Canuck who wrote (92808)	8/7/2024 8:49:19 AM
From: Elroy	1 Recommendation of 95418

NXPI is big in autos, and their auto sales were disappointing. Auto has been bottoming for a while, and the trough should be near. Maybe Q2 was it? Hard to say, but it is a segment that should be turning around any quarter now (but the turnaround has kept getting pushed out, which tends to happen, until it doesn't, and they're off to the races).

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