These chip companies can grow despite 'macro headwinds' such as the trade war, says analyst

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

المملكة العربية السعودية أخبار أخبار

المملكة العربية السعودية أحدث الأخبار,المملكة العربية السعودية عناوين

These chip companies can grow despite 'macro headwinds' such as the trade war, says analyst James Wang jwangARK (via CNBCFastMoney)

The California-based AMD and Xilinx are still relatively large, boasting market values of roughly $33 billion and $27 billion, respectively. But compared with a $104 billion colossus such as Broadcom, which gets nearly half of its revenues from mainland China, according to Factset, they're well-positioned to grow despite geopolitical concerns, Wang said.

And while investors might assume that macroeconomic headwinds are a blanket concern for all companies, Wang offered a counterpoint. Wang's current focus is on global semiconductor companies racing to build cutting-edge chips for artificial intelligence applications, where the U.S. and China are neck and neck.

 

شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

FastMoney jwangARK Suggestion..do Options Action on Wed ( more timely for trading) and do a weekly recap on last 30 min on Fri

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

 /  🏆 12. in SA

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Trump’s trade war has cost the market trillions; we’ll get half back, says JPMorganThe summer months are so far delivering a lot of news for investors, and a lot of stress. Why not head to the beaches? J.P. Morgan’s quant superstar says... Let me know when that happens, thanks.🙄 Propaganda. The market was supposed to collapse if Trump was elected. I still haven't forgotten that Chicken Little, politicized prediction. Just admit that you can no longer do your job objectively. How much has China and Japan pirating our IP cost us
مصدر: MarketWatch - 🏆 3. / 97 اقرأ أكثر »