MU, AMD, INTC, SNDK Stocks Fall — Morgan Stanley’s Mike Wilson Explains Why Investors Are Going After Chip And Memory Stocks
Wilson said during an interview with CNBC that the choppiness in the S&P 500 index may continue for another month. Wilson added that hyperscaler stocks underperformed because their free cash flow generation was “atrocious.” He also highlighted that the correction in semiconductor and storage stocks is “pretty well advanced” and severe. The Roundhill Memory ETF … Read more