Early Warning from Micron is Bad News for Microchip

The semiconductor industry is experiencing hard times as Micron is experiencing high inventory levels due to the pandemic and a crash in consumer spending. That is a warning for Microchip Technology, which depends on consumer sales in hardware and business investment for most of its revenue.

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Dan Amoss

Dan Amoss, CFA, tracks aggressive accounting and other red flags that markets miss. He’s a student of the Austrian School of economics and Daily Reckoning fan since 2000. Agora Financial relies on Dan for macro market commentary as well as profitable plays like his 2008 call to readers to buy Lehman Bros. puts, which...

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