Oppenheimer's Rick Schafer isn't fazed by the Q3 warnings issued by chipmakers, or by predictions of a major inventory correction (I, II). While expecting one more round of guidance cuts, Schafer expects beaten-down chip stocks to rally on "not-as-bad-as-feared Q4 guidance." His favorite chipmakers: BRCM, TXN, NVDA, MSCC, SMTC.
Oppenheimer's Rick Schafer isn't fazed by the Q3 warnings issued by chipmakers, or by...
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