Nomura Securities on U.S. Semiconductors: Cautious on Xilinx (XLNX) & Intel (INTC); Favor Apple’s (AAPL) Supply Chain – StreetInsider.com
Analyst, Romit Shah, said, "We cannot make a fundamental argument for being long any semiconductor stocks in today’s environment where global GDP growth is decelerating. Overall, we expect Q3 revenue guidance to be 3-7 points below normal seasonality.
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