|Day Low/High||591.08 / 648.00|
|52 Wk Low/High||288.41 / 677.32|
Given the sidestepping of trade restrictions for the European chipmakers, they could be poised to fill the void left by larger U.S. competitors that have long been dominant in the region.
As a classic cyclical stock, concerns about macro factors may be taking a back seat to fundamentals and demand indicators.
IBM's earnings report was disappointing, but Lam Research and Netflix rocked earnings.