Last year saw a serious tumble for semiconductor chip manufacturers, as chip makers were pummeled by a series of factors that depressed the industry.
From continued evidence of China’s economic slowdown, to the US-China trade tensions, and including slumps in cryptocurrency mining and Apple’s iPhone sales, there just wasn’t enough demand for chips.
That’s turned around since the end of December. Investors are less anxious after the double boost of President’s Trump and Xi praising the trade negotiations and the US Federal Reserve pausing its policy of interest rate hikes.
The general improvement in investor sentiment has unleashed a market turnaround in the first three months of 2019, and the chip makers are riding the wave.
We can use TipRanks’ new Stock Comparison Tool to see how three American semiconductor companies stand, in the market and in relation to each other.
Full article at SmarterAnalyst