On the Hunt for Bullish Chipmakers
Finding a bullish stock chart in the semiconductor space these days is no easy task. Chipmakers are scrambling to find alternate revenue sources as demand for personal computers continues to wane. In recent months, cloudy fundamental outlooks have resulted in nasty selloffs in widely held chipmakers such as Intel (INTC), Texas Instruments (TXN) and Advanced Micro Devices (AMD).
While times are challenging for the chipmakers, a couple of fabless names are well-positioned for growth, including ARM Holdings (ARMH) -- a U.K.-based chip designer with a strong presence in the smartphone and tablet market. This company could care less about a weak PC market. ARM licenses its technology to scads of large-cap tech names, Apple (AAPL) among them....586 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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