Results for: Semiconductors

Activist investor Jana Partners has taken a significant position in semiconductor firm Wolfspeed and is calling for major changes to address declining shareholder value. Jana believes Wolfspeed’s strong manufacturing capabilities and its role in supporting the energy transition give it intrinsic value, but its performance has been hindered by missteps in capital allocation, execution, and strategy.

QUALCOMM (QCOM) is recovering from a six-day losing streak as the AI stock market stabilizes. The stock rose ~2.30% on Monday to $161.25, following a 10.42% decline over the past six trading sessions. Despite being 20% above its 200-day SMA, QCOM remains 5% below its 20-day SMA.