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SVTPerformance's Chain of Restaurants
Road Side Pub
Frying Pan Into the Fire -- Chip Shortage
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<blockquote data-quote="Weather Man" data-source="post: 16673779" data-attributes="member: 137766"><p><a href="https://seekingalpha.com/news/3744937-us-chip-makers-log-gains-shrugging-off-china-power-restrictions" target="_blank"></a></p><p><a href="https://seekingalpha.com/news/3744937-us-chip-makers-log-gains-shrugging-off-china-power-restrictions" target="_blank">U.S. chip makers log gains, shrugging off China power restrictions</a></p><ul> <li data-xf-list-type="ul"><a href="https://seekingalpha.com/symbol/AMD" target="_blank">AMD</a> has reversed course from the early morning, moving to a 1.1% gain along with a few semiconductor peers bucking the down market in technology today.</li> <li data-xf-list-type="ul">The developments come alongside the prospects that a Chinese tightening of energy consumption could <a href="https://seekingalpha.com/news/3744786-china-power-cuts-raise-the-risk-of-more-supply-chain-disruption" target="_blank">worsen ongoing supply-chain disruptions, as firms in China curb production to comply</a>.</li> <li data-xf-list-type="ul">Intel (NASDAQ:<a href="https://seekingalpha.com/symbol/INTC" target="_blank">INTC</a>) has also risen to a gain of 0.5%, and Micron (NASDAQ:<a href="https://seekingalpha.com/symbol/MU" target="_blank">MU</a>) is up 1.1% now. Xilinx (<a href="http://seekingalpha.com/symbol/XLNX" target="_blank">XLNX</a> +1.2%) and Qorvo (<a href="http://seekingalpha.com/symbol/QRVO" target="_blank">QRVO</a> +0.7%) are higher while much of the rest of the sector is still down, notably Nvidia (<a href="http://seekingalpha.com/symbol/NVDA" target="_blank">NVDA</a> -2.7%) but also including Broadcom (<a href="http://seekingalpha.com/symbol/AVGO" target="_blank">AVGO</a> -0.6%), Qualcomm (<a href="http://seekingalpha.com/symbol/QCOM" target="_blank">QCOM</a> -0.7%), Analog Devices (<a href="http://seekingalpha.com/symbol/ADI" target="_blank">ADI</a> -1.2%) and Texas Instruments (<a href="http://seekingalpha.com/symbol/TXN" target="_blank">TXN</a> -1.1%).</li> <li data-xf-list-type="ul">Meanwhile, European suppliers today have largely dismissed worries over the power story - STMicroelectronics (NYSE:<a href="https://seekingalpha.com/symbol/STM" target="_blank">STM</a>) is down just 0.6% in NYSE trading - and Europe and the U.S. are set to announce chip commitments on Wednesday at a Pittsburgh meeting of the Trade and Technology Council.</li> <li data-xf-list-type="ul">Progress in the semiconductor arena between the U.S. and Europe diverges from <a href="https://seekingalpha.com/news/3698199-steel-industry-implores-biden-to-keep-tariffs-in-place" target="_blank">ongoing conversations about section 232 tariffs on steel</a>.</li> </ul></blockquote><p></p>
[QUOTE="Weather Man, post: 16673779, member: 137766"] [URL='https://seekingalpha.com/news/3744937-us-chip-makers-log-gains-shrugging-off-china-power-restrictions'] U.S. chip makers log gains, shrugging off China power restrictions[/URL] [LIST] [*][URL='https://seekingalpha.com/symbol/AMD']AMD[/URL] has reversed course from the early morning, moving to a 1.1% gain along with a few semiconductor peers bucking the down market in technology today. [*]The developments come alongside the prospects that a Chinese tightening of energy consumption could [URL='https://seekingalpha.com/news/3744786-china-power-cuts-raise-the-risk-of-more-supply-chain-disruption']worsen ongoing supply-chain disruptions, as firms in China curb production to comply[/URL]. [*]Intel (NASDAQ:[URL='https://seekingalpha.com/symbol/INTC']INTC[/URL]) has also risen to a gain of 0.5%, and Micron (NASDAQ:[URL='https://seekingalpha.com/symbol/MU']MU[/URL]) is up 1.1% now. Xilinx ([URL='http://seekingalpha.com/symbol/XLNX']XLNX[/URL] +1.2%) and Qorvo ([URL='http://seekingalpha.com/symbol/QRVO']QRVO[/URL] +0.7%) are higher while much of the rest of the sector is still down, notably Nvidia ([URL='http://seekingalpha.com/symbol/NVDA']NVDA[/URL] -2.7%) but also including Broadcom ([URL='http://seekingalpha.com/symbol/AVGO']AVGO[/URL] -0.6%), Qualcomm ([URL='http://seekingalpha.com/symbol/QCOM']QCOM[/URL] -0.7%), Analog Devices ([URL='http://seekingalpha.com/symbol/ADI']ADI[/URL] -1.2%) and Texas Instruments ([URL='http://seekingalpha.com/symbol/TXN']TXN[/URL] -1.1%). [*]Meanwhile, European suppliers today have largely dismissed worries over the power story - STMicroelectronics (NYSE:[URL='https://seekingalpha.com/symbol/STM']STM[/URL]) is down just 0.6% in NYSE trading - and Europe and the U.S. are set to announce chip commitments on Wednesday at a Pittsburgh meeting of the Trade and Technology Council. [*]Progress in the semiconductor arena between the U.S. and Europe diverges from [URL='https://seekingalpha.com/news/3698199-steel-industry-implores-biden-to-keep-tariffs-in-place']ongoing conversations about section 232 tariffs on steel[/URL]. [/LIST] [/QUOTE]
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Frying Pan Into the Fire -- Chip Shortage
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