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0.00102656229949953 0.00218144488643657 0.00372128833568577 0.00359296804824844 0.00359296804824844 0.00359296804824844 0.00359296804824844 0.00359296804824844
Stock impact report

3 Chip Companies Have Warned. Is It Time to Sell? [Yahoo! Finance News]

Power Integrations, Inc. (POWI) 
Last power integrations, inc. earnings: 1/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.power.com
Text sizeTexas Instruments, On Semi, and Power Integrations see signs of a potential correction. Citi Research analyst Christopher Danely is keeping Buy ratings on the two he covers.DreamstimeThree chip companies covered by Citi Research analyst Christopher Danely have warned investors of a potential correction in the second or third quarter. But Danely wrote in a client note that it’s too early to sell the stocks.The three companies issued soft guidance for the current quarter were:On SemiconductorDouble ordering is jargon for the phenomenon of businesses putting in requests to buy the same part (chips in this case) more than once. Companies do so because they worry about obtaining enough of a part, and potentially will cancel unneeded orders at a later date.Chips are required to manufacture many common consumer goods such as gadgets, appliances, and automobiles. But the Covid-19 pandemic has contributedglobal shortage of chipsquicker-than-expectedNewsletter Sign-upReview & PreviewEv Show less Read more
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