Chip Stocks Beat Estimates, But Investors Panic
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Chip stocks had a mixed quarter, with nine key players beating revenue estimates by 2.1% and guiding higher for next quarter. Lattice Semiconductor led with a 24.2% revenue jump, while Nvidia and AMD posted strong growth. However, shares across the board dropped an average of 16.1% since earnings reports, with Qualcomm tanking 15% after a guidance miss. Despite market concerns, chip firms with AI momentum are poised for more growth in early 2026.
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