ADIbenzinga

Broadcom, Analog Devices Could Slide ~10%, Analyst Warns, But A Bottom Could Be Near

Summary

Geopolitical tensions cause 25-30% hit in chip stocks, with JPMorgan analyst predicting further 10% drop. However, demand destruction, not tariffs, is the real issue. Selective stocks like Broadcom and Analog Devices may outperform.

Original Article

Read the full article from the original source for complete details and context.

Read Full Article

Article published on April 7, 2025 by benzinga