Nvidia Corp., which said yesterday that quarterly sales slumped, exemplifies the cyclical nature of the semiconductor industry despite the company’s inroads into fast-growing markets.
Still, many chip makers are bucking the trend by posting high double-digit increases in sales while improving profit margins. A list of those companies is featured below. Margins are a useful measurement of pricing power, and investors love to see a combination of an expanding gross margin and increasing sales.These semiconductor stocks stand out Semiconductor stocks, as represented by the iShares Semiconductor Stocks ETF SOXX , hit their 2022 closing low on Oct. 14. Michael Brush favors a high-quality approach for investors looking to play the sector rebound, focusing on companies with higher dividends.
For Analog Devices Inc. ADI , which is scheduled to report on Nov. 22, sales are expected to increase by 35%, with a dramatic increase in expected EPS to go with it.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »