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Chipmakers have shown little slack as the general market wobbles, and several chip stocks are in favorable chart formations. Monday’s IBD ranked their industry group, Electronics-Semiconductor Manufacturing, No. 4 out of 197. It got a sizable boost last week, when two of its leaders reported strong quarterly results. Skyworks Solutions (SWKS) shot to new highs after the company sailed past quarterly expectations, marking another quarter of Scalper1 News
Scalper1 News