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The semiconductor industry is booming in 2024, and three lesser-known stocks - Silicon Motion Technology, SMART Global Holdings, and Tower Semiconductor - are strategically positioned to ride the growth...
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Tower Semiconductor: Q2 Earnings Snapshot
The chip company's Q4 report and forward guidance suggest the stock could continue to climb.
Analysts' sentiment helped to lower the share prices of these stocks but the moves are overextended and provide deep value for opportunistic investors.
Tower Semi isn't out of the woods yet, but it may be nearing the edge of the clearing.
Tower Semiconductor is uniquely positioned as a pure-play foundry and maker of analog microchips for a wide variety of end-use markets.
VMware shareholders have more than one worry to think about today.
Tower will trek on independently, but an Intel partnership is still happening anyway.