Chip Implosion: After Rising Stock Multiples, Analysts See a Reckoning

Tech Trader Daily
By Tiernan RayMar 26, 2015, 12:27 pm137 pts
Following yesterday’s dramatic fall in chip stocks, prompted by remarks from Taiwan Semiconductor Manufacturing (TSM) about slipping demand, semi names today are trading mixed, with some bouncing back, some not. Intel (INTC) is up 31 cents, or 1%, at $30.20, Qualcomm is up 9 cents at $67.30, and Avago…

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