Shares of semiconductor and chip stocks are trading lower in sympathy with ON Semiconductor, which fell after reporting Q3 results and issuing weak guidance.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor and chip stocks are trading lower in sympathy with ON Semiconductor after it reported weak Q3 results and issued poor guidance. This has affected other companies in the sector including ACLS, ADI, AEHR, NXPI, SLAB, SMTC, STM.
October 30, 2023 | 4:45 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ACLS's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
ACLS, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on ACLS's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
ADI's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
ADI, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on ADI's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
AEHR's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
AEHR, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on AEHR's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
NXPI's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
NXPI, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on NXPI's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
SLAB's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
SLAB, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on SLAB's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
SMTC's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
SMTC, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on SMTC's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75
NEGATIVE IMPACT
STM's stock price is trading lower due to poor Q3 results and weak guidance from ON Semiconductor.
STM, being a semiconductor company, is affected by the overall sentiment in the sector. The weak performance and guidance from ON Semiconductor has led to a negative impact on STM's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 75