Is the Semiconductor Sector Hinting at Weakness in the Broad International Economy?
This article was originally published on ETFTrends.com.
A broad slowdown in demand, including China were the prime culprits in Broadcom reporting lower-than-expected earnings results recently. It dealt a blow to the semiconductor industry, but more importantly, could portend to broader weakness in the international economy as fears of a global economic slowdown could be showing up in the sector. Broadcom results: Earnings: [...]