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Taking Stock: The Hot Stock of the Week was SMIC, gaining a huge 24% Bump from Intels News

 VLSIresearch
  18th-Jan-2010
Description: Chipmaking stocks finished the week on a down note, sending a bearish signal, considering the bullish Intel results. Chipmaking stocks fell back 0.9% and Equipment was hit with a loss of 4.8%. The S&P 500 had a 0.8% decrease. Digital consumer and memory stocks fared best in chipmaking, both with positive gains. In equipment it was best in test and assembly.
Views: 1535
Domain: Electronics
Category: Business
Contents:
Taking Stock: Chipmaking stocks finished the week on a down note, sending
a bearish signal, considering the bullish Intel results. The Chips-to-Coffee ratio held constant at 1.14, indicating the problem was market-wide and not tech specific. Chipmaking stocks fell back 0.9% and Equipment was hit with a loss of 4.8%. The S&P 500 had a 0.8% decrease. Digital consumer and memory stocks fared best in ... See more

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