The Dow Jones Industrial Average rose slightly in today's stock market amid a series of economic reports and strong earnings from Disney. Read More...
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Why AMD Stock Just Lit Up 4%
Reports of the end of the semiconductor chip shortage may have been greatly exaggerated — at least, according to one analyst. Remember how earlier this week, Investors Business Daily cited a TrendForce report on the “relatively high levels of DRAM inventory” it was seeing at PC manufacturers, and the impending decline in chip prices in the fourth quarter of this year? Remember how investors panicked, thinking this might mean that the worldwide shortage of microchips might suddenly evaporate in less than six months’ time?
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