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    Nvidia, ASML, and TSMC stocks are getting hammered


    Nvidia, ASML, and TSMC stocks are getting hammered

    https://finance.yahoo.com/news/nvidia-asml-and-tsmc-stocks-are-getting-hammered–heres-why-165341898.html

    Posted by 69sean

    View 48 Comments

    48 Comments

    5. itsavirus on

      I was literally going to get out today pre-earnings for TSM. Guess I am holding at this point.

      8/16 $190 C. Surely I can make it all back.

    10. MyMastersAccount on

      I predicted a market crash after I placed a buy order last week. This is on me.

      Feel free to short the market and cash in on my misery until I sell ..

    14. Salt_Yak_3866 on

      # Cantor Fitzgerald analyst C J Muse maintained a Hold rating on Intel (INTC – Research Report) yesterday and set a price target of $40.00

      J Muse is a 5-star analyst with an average return of 31.8% and a 71.07% success rate. J Muse covers the Technology sector, focusing on stocks such as Nvidia, Intel, and Micron.

      Currently, the analyst consensus on Intel is a Hold with an average price target of $38.02, representing a 10.72% upside. In a report released yesterday, Susquehanna also reiterated a Hold rating on the stock

      [https://www.tipranks.com/news/blurbs/cantor-fitzgerald-keeps-their-hold-rating-on-intel-intc?mod=mw_quote_news](https://www.tipranks.com/news/blurbs/cantor-fitzgerald-keeps-their-hold-rating-on-intel-intc?mod=mw_quote_news)

      p,S INTC has outperformed peers lately, and the momentum should continue. This Taiwan news we wake up to just reinforces the idea that INTC is the best positioned company in the sector to benefit from a theoretical conflict in Taiwan INTC will probably rally as this awareness becomes reality this morning .
      Cantor Fitzgerald analyst C J Muse maintained a Hold rating on
      Intel (INTC – Research Report) yesterday and set a price target of
      $40.00

    21. Ill-Maximum9467 on

      If this continues, the only dip we’ll be buying is a cheap spicy tomato one to eat our stale bread with! 😭

    39. SpongEWorTHiebOb on

      They were badly overbought and trading way over fair value and 50 dma. I own SOXX, AMAT and INTC. I started trimming my position in SOXX and AMAT the past several weeks. They were way above their long term valuation metrics.

    40. LemmyKRocks on

      As the great roaring kitty once said, “be fearful when others are greedy, be greedy when others are fearful” ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|27189)

    46. Bosfordjd on

      Cause Trump said Taiwan should pay us for it’s defense and it “doesn’t give us anything”.

      “In an interview with Bloomberg Businessweek on Tuesday, Trump was asked if he would defend Taiwan against China if he wins the US election in November. China’s ruling Communist party claims Taiwan as a province and has vowed to annex it, refusing to rule out the use of military force. The US does not formally recognise Taiwan but is it’s most important security partner.

      In response to the question Trump said Taiwan should be paying the US to defend it, that the US was “no different than an insurance company” and that Taiwan “doesn’t give us anything”.

      The US sells Taiwan billions of dollars in weapons under legislative obligations to provide it with the means to defend itself. These sales markedly increased under Trump’s presidency.

      However, Trump’s comments on Tuesday suggest his support for Taiwan is not guaranteed. Trump noted China’s increased military aggression towards Taiwan, said he, “wouldn’t feel too secure if I was [Taiwan]”, and questioned why the US was acting as Taiwan’s “insurance” when, he claimed, they had taken American chip business.”

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