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Stock impact report

Semiconductor Stocks Face Slump Again [TheStreet.com]

Texas Instruments Incorporated (TXN) 
Last texas instruments incorporated earnings: 4/21 04:01 pm Check Earnings Report
Company Research Source: TheStreet.com
Semiconductors sold off on Wednesday along with the broader stock market as retailers warned of rising inventory levels as consumer confidence weakens as high inflation rates persist. Semiconductor stocks have been in a steep decline with the massive shortage in chips globally. The sector faced another tough day with declines of 2% or more for AMD ( ( ) - ), NVIDIA ( ( ) - ), Micron Technologies ( ( ) - ), Qualcomm ( ( ) - ), Intel ( ( ) - ) and Texas Instruments ( ( ) - ). The largest decline was NVIDA which dropped by 6.8% on May 18 at the market close and 43.77% in value year-to-date, followed by Qualcomm which fell by 6.6% and lost 29.9% in value year-to-date. AMD declined by 6.04% and its stock has lost 35.9% in value year-to-date while Intel fell by 4.62% with a year-to-date drop of 20.4%. Micron stemmed its loss to a 4.61% decline with a year-to-date drop of 25.80% The smallest decline was Texas Instruments, which only shed 2.67%, falling 10.65% year-to-date. There is a Show less Read more
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