Shares of semiconductor stocks are trading lower in sympathy with Intel, which reported worse-than-expected Q2 financial results.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor stocks are trading lower in sympathy with Intel, which reported worse-than-expected Q2 financial results.
August 02, 2024 | 11:32 am
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NEGATIVE IMPACT
Applied Materials shares are trading lower in sympathy with Intel's disappointing Q2 results.
As a semiconductor equipment supplier, Applied Materials is affected by Intel's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
ARM Holdings shares are trading lower in sympathy with Intel's disappointing Q2 results.
ARM Holdings, being in the semiconductor industry, is impacted by Intel's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
ASML shares are trading lower in sympathy with Intel's disappointing Q2 results.
ASML, a key supplier to semiconductor manufacturers, is affected by Intel's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Intel reported worse-than-expected Q2 financial results, causing its shares to trade lower.
Intel's poor Q2 financial performance directly impacts its stock price negatively.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100
NEGATIVE IMPACT
KLA Corporation shares are trading lower in sympathy with Intel's disappointing Q2 results.
KLA Corporation, a semiconductor equipment supplier, is impacted by Intel's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Lam Research shares are trading lower in sympathy with Intel's disappointing Q2 results.
Lam Research, a semiconductor equipment supplier, is affected by Intel's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Taiwan Semiconductor Manufacturing Company shares are trading lower in sympathy with Intel's disappointing Q2 results.
TSMC, a major semiconductor manufacturer, is impacted by Intel's performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50