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Closing Bell: Can Anything Derail the Rally? 7/24/23

Closing Bell

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NXP Semiconductors Earnings

NXP Semic will be one of the first chip names to give us insight into smartphone demand given it makes radio frequency chips. Texas Instruments, there are concerns about the analog market. On Thursday Intel is this big conversation about whether Intel is finally hit the bottom. There's a lot of writing and a lot of these chip names given the run up. When really a lot of that run up in the socks and the SMH has to do with Nvidia and the AI trend does not equate all chips.

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