Shares of semiconductor and chip stocks are trading lower. The sector has been under pressure this week following earnings from ASML and TSMC. Stocks have been mixed Friday amid overall market uncertainty on Iran-Israel tensions.
Portfolio Pulse from Benzinga Newsdesk
Semiconductor and chip stocks are trading lower due to pressure from ASML and TSMC's earnings and market uncertainty caused by Iran-Israel tensions. Stocks like CAMT, KLAC, MCHP, MPWR, QCOM, and TER are affected.
April 19, 2024 | 7:24 pm
News sentiment analysis
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NEGATIVE IMPACT
CAMT shares are trading lower due to sector-wide pressure from ASML and TSMC's earnings and geopolitical tensions.
CAMT, being part of the semiconductor sector, is directly impacted by the earnings reports of industry leaders ASML and TSMC, as well as by the broader market's reaction to geopolitical tensions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
KLAC's stock performance is negatively influenced by recent earnings from ASML and TSMC, alongside market uncertainty due to geopolitical concerns.
KLAC is affected by the semiconductor industry's current challenges, including key earnings reports and geopolitical tensions, leading to a decrease in stock value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MCHP stocks are down, reflecting the sector's response to ASML and TSMC's earnings and the impact of Iran-Israel tensions.
The performance of MCHP is directly tied to the semiconductor sector's overall health, which is currently under pressure from both earnings reports and geopolitical concerns.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MPWR shares decline due to negative earnings reports from ASML and TSMC and ongoing geopolitical tensions.
MPWR is impacted by the broader semiconductor sector's downturn, driven by disappointing earnings from ASML and TSMC, and exacerbated by geopolitical tensions.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
QCOM's stock is negatively affected by the semiconductor sector's challenges, including key earnings disappointments and geopolitical uncertainties.
QCOM, as a major player in the semiconductor industry, faces stock declines due to negative earnings reports from sector leaders and the effects of geopolitical tensions on the market.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
TER stock is trading lower, influenced by the semiconductor sector's recent earnings reports and the current geopolitical climate.
TER's performance is directly linked to the semiconductor industry's overall sentiment, which is currently negative due to earnings disappointments and geopolitical concerns.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80