Strong stocks

From Bloomberg on chips..

Tech Supply Worst Case Unlikely to Be Realized, Citigroup Says
Share Business ExchangeTwitterFacebook| Email | Print | A A A

By Weiyi Lim

March 22 (Bloomberg) -- The worst-case fears of supply constraints in the semiconductor industry are unlikely to be realized, Citigroup Inc. said in a report dated yesterday. The brokerage said this is an opportunity to buy the chips stocks on dips and rank Advanced Micro Devices Inc., Qualcomm Inc., Marvell Technology Group Ltd. and Intel Corp. as “top ideas,” according to the report by Glen Yeung, an analyst at Citigroup.

To contact the reporter on this story: Weiyi Lim in Singapore at wlim26@bloomberg.net
 
Back
Top