Shares of semiconductor stocks are trading higher amid overall market strength following softer-than-expected PPI figures.
Portfolio Pulse from Benzinga Newsdesk
Shares of semiconductor stocks are trading higher amid overall market strength following softer-than-expected PPI figures.
August 13, 2024 | 3:33 pm
News sentiment analysis
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POSITIVE IMPACT
Applied Materials (AMAT) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like AMAT.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
ARM Holdings (ARM) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like ARM.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Broadcom (AVGO) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like AVGO.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Intel (INTC) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like INTC.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
KLA Corporation (KLAC) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like KLAC.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Monolithic Power Systems (MPWR) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like MPWR.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Marvell Technology (MRVL) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like MRVL.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
NVIDIA (NVDA) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like NVDA.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Semtech (SMTC) shares are trading higher due to overall market strength following softer-than-expected PPI figures.
Softer-than-expected PPI figures have led to overall market strength, positively impacting semiconductor stocks like SMTC.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80