Chips: the supports wait below
The SOX chip index presents magnificent support in the range of 10,000-10,200 points.
The SOX index, which tracks the performance of chip stocks, has found support in the range of 10,000-10,200 points. Despite a 6% drop on Monday, the index has been experiencing a correction after a 107% surge from its March lows. Several chip stocks, including ASML, Analog Devices, Marvell Technology, Intel, ARM Holdings, Taiwan Semiconductor, AMD, Nvidia, and Broadcom, have identified key support levels that could influence their future performance.
These levels include 1,300 euros for ASML, 327-340 dollars for Analog Devices, 163 dollars for Marvell Technology, 66-80 dollars for Intel, 183-188 dollars for ARM Holdings, 373-380 dollars for Taiwan Semiconductor, 450 dollars for AMD, 190 dollars for Nvidia, and a nearly flat performance for Broadcom.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
