Let's take a technical look at WDC.
What you want to know is if it is too late to buy Intel? I would not buy the name today, that's for sure.
Stay long INTC and consider adding to longs on available price weakness.
How does one approach these markets? How does one interpret what they see before them?
The rival chipmakers each indicated that the inventory corrections that weighed heavily on 2019 sales are now largely over.
Given its exposure to Apple, along with 5G chatter, I think it's fair to say expectations are high into the number.
Let's check out the charts of this semiconductor company.
It may not be too late to take part in the positive market action on semiconductor stocks, but be cautious. Here is how things stand.
TXN's earnings numbers set to be released this week and the charts look favorable.
TSMC issued a strong Q1 sales outlook amid heavy demand for its most advanced manufacturing processes. And it shared a capex budget that has given a boost to chip equipment stocks.