When Intel (INTC) failed to interrupt out above its long-term resistance of $45, bears offered. INTC inventory closed
at beneath $37 final week at costs not seen since 2017.
Bitcoin’s plunge to beneath $20,000 will enhance the provision of graphics playing cards on eBay (EBAY). Buyers
are bracing for decrease GPU costs to harm Nvidia (NVDA) and AMD (AMD). This can even stress Intel’s
Arc GPU launch.
The chip scene appeared worse after Samsung (SSNLF) requested its suppliers to cut back procurement, citing
stock stress. Samsung is a huge chip producer. Its swelling inventories and its issues about
world inflation are very unhealthy information.
For months, Qualcomm (QCOM), Intel, Nvidia, AMD, ASML (ASML), Utilized Supplies (AMAT), and Lam
Analysis (LRCX) trended decrease. The semiconductor sector is a ahead indicator. It’s signaling a warning
to expertise buyers.
Chances are high excessive that demand weakened additional within the final three months. It is going to proceed falling for the
subsequent three months. Demand for electronics is not going to get well till later this yr. Buyers have to
overlay increased inflation charges and a provide chain decision. Inflation must average whereas provide
will increase.
When these occasions happen, then chip demand will get well.
When Intel (INTC) failed to interrupt out above its long-term resistance of $45, bears offered. INTC inventory closed
at beneath $37 final week at costs not seen since 2017.
Bitcoin’s plunge to beneath $20,000 will enhance the provision of graphics playing cards on eBay (EBAY). Buyers
are bracing for decrease GPU costs to harm Nvidia (NVDA) and AMD (AMD). This can even stress Intel’s
Arc GPU launch.
The chip scene appeared worse after Samsung (SSNLF) requested its suppliers to cut back procurement, citing
stock stress. Samsung is a huge chip producer. Its swelling inventories and its issues about
world inflation are very unhealthy information.
For months, Qualcomm (QCOM), Intel, Nvidia, AMD, ASML (ASML), Utilized Supplies (AMAT), and Lam
Analysis (LRCX) trended decrease. The semiconductor sector is a ahead indicator. It’s signaling a warning
to expertise buyers.
Chances are high excessive that demand weakened additional within the final three months. It is going to proceed falling for the
subsequent three months. Demand for electronics is not going to get well till later this yr. Buyers have to
overlay increased inflation charges and a provide chain decision. Inflation must average whereas provide
will increase.
When these occasions happen, then chip demand will get well.
