Shares soared overnight in US trade among industrial/robotic/sensor chip makers after Microchip Technology raised guidance. Allegro +10.8%, Microchip +11.7%, NXP Semi +9.9%, Onsemi +5.2%, STMicro +7.3%, Texas Instruments +8.4%. Microchip raised its revenue guidance for the quarter ended Dec. 31 (FYQ3) to US$1.185 billion, above the range $1.109B - $1.149B provided at its last earnings call. 1/2 $Allegro Microsystems(ALGM.US) $Microchip Tech(MCHP.US) $NXP Semiconductors(NXPI.US) $ON Semiconductor(ON.US) $STMicroelectronics NV(STM.US) $Texas Instruments(TXN.US) #semiconductors #semiconductor
Source: Dan Nystedt
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