Episode 87: 1 Top Chip Stock Showed the Semiconductor Downturn Is About to Get Worse – Microchip

Shares of Microchip held up quite well considering its revenue and profitability is in all out decline. Excess inventory of industrial and automotive chips have struck the market, and leaders like Microchip are in for a nasty downturn. Other worries like China’s ramping up of semiconductor manufacturing also pose risks. In this video, Chip Stock Investors dig into Microchip’s earnings, and especially the outlook for the important industrial and automotive (including EV) markets. They also talk valuation, and if they’re still adding to Microchip stock at this top. Bonus at the start of the video: Cloud computing companies could be gearing up for higher growth to kick off 2024! Stay tuned for more software and cybersecurity coverage in the next month. Join this channel to get access to perks: https://www.youtube.com/channel/UC3aD-gfmHV_MhMmcwyIu1wA/join If you missed our Semiconductor Industry Flow 2024 and chip industry manual, you can purchase it here:👉 https://ko-fi.com/s/90c74a988a. Get your investment journey off on the right foot to kick off the new year. Consider saying "thanks" here on YouTube with a Super Thanks or joining the channel membership for some custom badges and emojis!! Check us out on our website: https://chipstockinvestor.com/microchip/ We use data, charts, and KPI's from our friends at Main Street Data. If you would like to check it out and subscribe to a premium membership here is a link that will get you 10% off👇 https://mainstreetdata.com/subscription?via=chipstockinvestor Content in this video is for general information or entertainment only and is not specific or individual investment advice. Forecasts and information presented may not develop as predicted and there is no guarantee any strategies presented will be successful. All investing involves risk, and you could lose some or all of your principal. #microchip #semiconductors #chips #investing #stocks #finance #financeeducation #silicon #artificialintelligence #ai #financeeducation #chipstocks #finance #stocks #investing #investor #financeeducation #stockmarket #chipstockinvestor #fablesschipdesign #chipmanufacturing #semiconductormanufacturing #semiconductorstocks Nick and Kasey own shares of Microchip