Waning consumer sentiment has returned to weigh on semiconductor shares' performance Friday (July 22), snapping a three-week rally.
Investors continue to grapple with mixed demand trends across foundries and fabless semiconductor companies - TSMC reported robust long-term demand this week, while memory chipmakers warned of slowing consumer demand.
For AMD and Marvell though, both continue to benefit from robust secular demand for data center, carrier network, and automotive semiconductor solutions, while maintaining limited exposure to impacted consumer end-markets.
With both companies exhibiting a sustainable long-term growth trajectory to continue expansion of their respective profit and cash margins, the semiconductor sector's recent underperformance has created an attractive entry opportunity for exposure to AMD and MRVL shares as favourable long-term investments.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Thanks