9/16/2023 0 Comments Lattice semiconductor up for sale![]() Marvell Technology (NASDAQ: MRVL) is a semiconductor company which primarily operates in the storage and networking markets. Image of the marvell (MRVL) technologies office campus For the time being, investors are rewarding companies with stronger profits and cash flows, not ones with a promising technological story but a less-than-robust set of operating results to back it up. The company has to dramatically increase production and ramp up commercial operations to go from promising story to a proven profitable business.Īs such, this isn’t the sort of market in which to take a shot on Wolfspeed. However, Wolfspeed is much more of a future growth story than anything that can be justified by current results. Wolfspeed also sees a variety of other functions for its silicon carbide technology and views it as “the future of semiconductors.” Wolfspeed’s solutions can give electric vehicles better charging, which helps alleviate vehicle range anxiety. Key customers include Jaguar Land Rover (NYSE: TTM). The company provides silicon carbide solutions to automobile manufacturers. However, given the more promising opportunities elsewhere, it changed its name to Wolfspeed in 2021 and investors have rewarded the new focus. It was previously known as Cree and focused on LED lighting technologies. Wolfspeed (NYSE: WOLF) is a smaller semiconductor company looking to commercialize advanced silicon carbide technology. WOLF stock: Person holding smartphone with logo of US semiconductor company Wolfspeed Inc. Long story short, AMD shares have dropped a lot, but the stock is still up 600% over the past five years. ![]() That’s all well and good, but it doesn’t justify the sort of valuation we saw for AMD stock last year. Long story short, expect more difficult industry conditions where AMD and Intel fight tooth and nail for share in a flat to slightly declining market. Now, demand has dropped, with PC sales falling off a cliff.Īnd, over the longer term, personal computing was a mature market with minimal growth prior to the 2020 disruption. As people prepared to work and study at home, laptop sales soared. However, much of AMD’s recent growth was driven by the unprecedented demand for laptops and other consumer electronics during the pandemic. CEO Lisa Su is a skilled leader, and AMD has made tremendous gains against chief rival Intel (NASDAQ: INTC) in recent years. is an American multinational semiconductor company.Īdvanced Micro Devices (NASDAQ: AMD), like Nvidia, is another company that has made excellent strategic moves which the market then blew out of proportion. Sign of AMD office in Markham, Ontario, Canada. InvestorPlace - Stock Market News, Stock Advice & Trading Tips However, the truth is that it will take a lot longer for most chips stocks to get their momentum back.Īs a result, these six semiconductor stocks are still sells for the time being, though there is one industry player that looks positioned to avoid the current doldrums. It’s easy to imagine how much money can be made owning the semiconductor stocks when they go back to their 2021 highs. Many traders are probably tempted to buy the dip here, particularly as the tech stocks may have already hit bottom and the sector is now rallying. Throw in supply chain shortages and artificial capacity constraints as well - it all led to an earnings boom.Ģ022 has reversed those positive headwinds, and the semiconductor stocks have sold off. The drive toward increased e-commerce, streaming and remote work also powered a lot of semiconductor spending at a corporate level. Demand surged as consumers were flush with cash and in a mood to buy electronics. The industry enjoyed a record growth spurt as a confluence of unusual events led to a golden age for the chipmakers. 2021 was a tremendous year for semiconductor stocks. ![]()
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