Shares of South Korean semiconductor manufacturer MagnaChip Semiconductor jumped out of the gate Monday and are up 4.3% after the company crushed its Q3 earnings report versus $0.22 per share on $126.9 million in sales.As financial statements were announced, the company reached that sales target, booking $127 million in revenue. …
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Semiconductor stocks have been rallying most of this year and hit new hikes. The pandemic has bolstered demand for chips by leaps and bounds, leading to the worst global shortage in many years.iShares Semiconductor and Vectors Semiconductor have benefited from the crisis and reaped gains of about 4% over the …
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The Japanese yen has reaped gains and versed directions on Thursday. The USD/JPY is trading currently at 111.48, down 0.41% during the day’s trading session.The yen previously experienced six successive losing sessions and dropped about 2 percent. On Wednesday, USD/JPY was above the 112 line for the first time since …
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