Jamie McKane
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Semiconductor stocks rally despite mixed results
Semiconductor stocks have surged throughout 2019, with the sector recently hitting record levels in a rally that has come as a surprise to analysts who continue to view industry trends with caution.
The Philadelphia Semiconductor Index is up more than 20% since a low in late May, gaining despite ongoing concerns surrounding inventory levels, demand and pricing.
[Bloomberg]
Semiconductor stocks have surged throughout 2019, with the sector recently hitting record levels in a rally that has come as a surprise to analysts who continue to view industry trends with caution.
The Philadelphia Semiconductor Index is up more than 20% since a low in late May, gaining despite ongoing concerns surrounding inventory levels, demand and pricing.
[Bloomberg]