RE:RE:RE:Semiconductor Outlook:TXN had a nice quarter beat estimates.
Chip stocks are oversold.
Got this on yahoo finance:
"In sum, if you look at the chart you'll notice TXN gapped lower in early October. It turns out the entire Semiconductor sector took a hit when MCHP warned on October 10 that an industry correction had begun, and that effects will be seen more broadly across the industry. That probably lowered expectations a bit for TXN's earnings but they wound up posting some good upside."