Shares of several semiconductor companies are trading lower in sympathy with Taiwan Semiconductor, which issued weak Q3 and 2023 guidance.
Portfolio Pulse from Benzinga Newsdesk
Shares of several semiconductor companies are trading lower in sympathy with Taiwan Semiconductor, which issued weak Q3 and 2023 guidance.
July 20, 2023 | 5:33 pm
News sentiment analysis
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NEGATIVE IMPACT
Applied Materials' stock is trading lower due to weak guidance from Taiwan Semiconductor.
Applied Materials, as a semiconductor company, is likely to be affected by the weak guidance issued by Taiwan Semiconductor. This could lead to a decrease in its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
AMD's stock is trading lower due to weak guidance from Taiwan Semiconductor.
AMD, as a semiconductor company, is likely to be affected by the weak guidance issued by Taiwan Semiconductor. This could lead to a decrease in its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
ASML's stock is trading lower due to weak guidance from Taiwan Semiconductor.
ASML, as a semiconductor company, is likely to be affected by the weak guidance issued by Taiwan Semiconductor. This could lead to a decrease in its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50