Shares of semiconductor stocks are trading lower in sympathy with Intel, which reported worse-than-expected Q2 financial results and issued soft guidance.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor stocks are trading lower in sympathy with Intel, which reported worse-than-expected Q2 financial results and issued soft guidance.
August 02, 2024 | 3:10 pm
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NEGATIVE IMPACT
ACLS shares are trading lower in sympathy with Intel's disappointing Q2 results and soft guidance.
ACLS, being part of the semiconductor sector, is affected by Intel's negative earnings report, leading to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
ADI shares are trading lower in sympathy with Intel's disappointing Q2 results and soft guidance.
ADI, being part of the semiconductor sector, is affected by Intel's negative earnings report, leading to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
AMBA shares are trading lower in sympathy with Intel's disappointing Q2 results and soft guidance.
AMBA, being part of the semiconductor sector, is affected by Intel's negative earnings report, leading to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
ASX shares are trading lower in sympathy with Intel's disappointing Q2 results and soft guidance.
ASX, being part of the semiconductor sector, is affected by Intel's negative earnings report, leading to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
AVGO shares are trading lower in sympathy with Intel's disappointing Q2 results and soft guidance.
AVGO, being part of the semiconductor sector, is affected by Intel's negative earnings report, leading to a decline in its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Intel reported worse-than-expected Q2 financial results and issued soft guidance, causing its shares to trade lower.
Intel's poor Q2 results and soft guidance directly impact its stock price negatively, leading to a sell-off.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100