The result underscores the soaring chip demand that has depleted stockpiles amid a pandemic-led consumer appetite for electronics and recovering investment in data centers.
The U.S. ban on Huawei is having a larger impact on the company than we originally thought. Their forecasted revenue is now down 30 percent and things are just getting started in wireless.
David Tepper, manager of $14 billion in assets, is more uncertain about the stock market due to President Donald Trump's trade war with China. Is the Bull Market Over?