
Will the Semiconductor Stocks Continue to Rally?
Posted On June 26, 2019 3:13 pm
By: Steve Smith
By: Steve Smith
Semiconductor stocks enjoyed a strong day after Micron (MU) reported better-than-expected earnings and provided an optimistic outlook. This helped boost sentiment for the sector after the group suffered due to trade tariffs concerns about oversupply and a global slowdown.
But, given the semiconductor/chip sector’s past being littered with booms and busts due to vicious cyclicality in memory prices, a drill down into… Continue reading at StockNews.com
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