For Immediate Release
Chicago, IL – August 19, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Intel Corporation INTC, Advanced Micro Devices, Inc. AMD, Taiwan Semiconductor Manufacturing Company Limited TSM, Advanced Energy Industries, Inc. AEIS, Micron Technology, Inc. MU and Analog Devices, Inc. ADI.
Here are highlights from Tuesday’s Analyst Blog:
4 Semiconductor Stocks to Snap Up on Data Center Strength
Coronavirus crisis-induced work-and-learn-from-home necessity led growth in demand for cloud services has compelled data center operators to bolster their cloud-storage capacities. This has bolstered chip demand from data center operators.
In fact, semiconductor companies, including Intel, Advanced Micro Devices, and Taiwan Semiconductor Manufacturing Company delivered blockbuster performance in the second quarter driven by strength in data center vertical.