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Chip Stocks Beat Estimates, Despite Market Jitters

Published 2 days, 18 hours ago
Description

Earnings season delivered solid results for processors and graphics chips companies, with revenues beating estimates and next quarter guidance exceeding expectations. Despite strong numbers, investors turned bearish, sending shares down on average. Standouts included Qorvo, Advanced Micro Devices, and Lattice Semiconductor, showcasing resilience in a tough environment.

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