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via finance.yahoo.comMarkets

Chip Stocks Tumble After Arm, Qualcomm Reports

FROM THE WIRE · FINANCE.YAHOO.COM

Chip stocks continued to fall Thursday in the wake of Tuesday's election results and earnings reports from Arm, Qualcomm and others. Continue Reading

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishThe chip sector sell-off after Arm and Qualcomm earnings weighs on the semiconductor group.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Chip stocks continued to fall on Thursday.
  2. 02The decline follows earnings from Arm, Qualcomm and others.
  3. 03The text also refers to Tuesday's election results.
NEWS IMPACT AND MARKET REACTIONChange from the reference price
Arm Holdings plc American Depositary SharesARMStock171.46 USD+1.57%today +2.84%Negative QUALCOMM IncorporatedQCOMStock165.52 USD+6.88%today +5.59%Negative Coherent, Inc.COHRStock192.00 USD+15.52%today +13.10%Negative Astera Labs, Inc. Common StockALABStock184.31 USD+0.09%today +2.70%Negative SiTime CorporationSITMStock397.81 USD+11.52%today +12.06%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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