Shares of semiconductor and chip stocks are trading lower. The sector may be down following a recent surge amid AI momentum.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor and chip stocks are trading lower, potentially due to a recent surge driven by AI momentum.
June 20, 2024 | 6:31 pm
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NEGATIVE IMPACT
AEHR shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
AEHR is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AMAT shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
AMAT is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
AVGO shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
AVGO is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
KLAC shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
KLAC is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
LRCX shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
LRCX is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
MCHP shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
MCHP is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
ON shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
ON is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
STM shares are trading lower, likely due to a pullback after a recent surge driven by AI momentum.
STM is part of the semiconductor sector, which is experiencing a pullback after a recent surge driven by AI momentum.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80