In this video, I will explain why semiconductor stocks like Nvidia, Intel, Applied Materials (NASDAQ: AMAT), and Lam Research all dropped on Friday and talk about whether this presents a buying opportunity.
*Stock prices used were from the trading day of Nov. 15, 2024. The video was published on Nov. 15, 2024.
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Neil Rozenbaum has positions in Intel. The Motley Fool has positions in and recommends ASML, Applied Materials, Intel, Lam Research, Nvidia, and Qualcomm. The Motley Fool recommends the following options: short November 2024 $24 calls on Intel. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.