Watch These 4 Semiconductor Stocks for Q2 Earnings: Beat or Miss?
RMBSRambus(RMBS) ZACKS·2024-07-26 23:45

The semiconductor industry is expected to have met its second-quarter earnings targets, driven by a solid rebound. The industry is continuing its dream run so far this year, which is evident from its growing semiconductor sales.Per the Semiconductor Industry Association data, global semiconductor sales in May were $41.2 billion, up 4.1% year over year. In April, sales were $46.4 billion, up 15.8% year over year. The growing proliferation of artificial intelligence (AI), especially generative AI, remains the ...