AMD, Qualcomm, and Microchip All Dropped After Earnings -- Time to Buy the Dip?

By Jose Najarro – Aug 7, 2023 at 9:03AM

NASDAQ: AMD

Advanced Micro Devices

Market Cap

$268B

Today's Change

(0.52%) $0.86

Current Price

$165.52

Price as of May 22, 2024, 4:00 p.m. ET

The semiconductor industry continues to experience numerous headwinds, but could this be an opportunity for long-term chip investors?

In today's video, I discuss recent updates impacting Advanced Micro Devices (AMD 0.52%), Qualcomm (QCOM 1.04%), and Microchip Technology (MCHP 3.87%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the after-market prices of Aug. 4, 2023. The video was published on Aug. 6, 2023.

Jose Najarro has positions in Advanced Micro Devices, Microchip Technology, and Qualcomm. The Motley Fool has positions in and recommends Advanced Micro Devices and Qualcomm. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.