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While investors are concerned about a memory peak, analysts say the stock still looks cheap relative to various earnings scenarios.
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Netflix's stock is falling in the wake of mixed earnings and a new plan to cut back on the publication of ‘What We Watched' reports.
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Wall Street ends lower as chip weakness offsets solid earnings, economic data ReutersS&P 500 falls as chip stocks weigh on market again: Live updates CNBCChip Stocks Fall as AI Trade Loses Steam WSJStock market today: Dow, S&P 500, Nasdaq drop as chip stocks tumble, Alphabet stock sinks Yahoo Finance
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The company's second-quarter earnings were largely in line with Wall Street's expectations.
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TSMC Stock Falls After Earnings. Taiwan Semi Ramps Up U.S. Investment Amid Intel Threat. Barron'sTSMC to invest additional $100 billion in Arizona after second-quarter profit soars 77% CNBCTaiwan chipmaker planning to spend another $100B on US manufacturing expansion The HillTSMC raises capex and revenue forecast, highlighting growing AI chip demand Yahoo Finance
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