Concerns over the Federal Reserve’s ability to tame the multi-decade high inflation by raising interest rates further without affecting economic growth have led to a massive tech sell-off over the past few weeks. The tech-heavy Nasdaq Composite lost 16.2% over the past month. Experts expect the tech-heavy index to witness further downside in the near term. […]

Chipmaker Qorvo (QRVO) has been hammered on the stock market. Shares of the semiconductor company have lost a third of their value so far this year. But its fiscal 2022 fourth-quarter results (released on May 4) indicate that now may be a good time to buy this beaten-down Nasdaq growth stock. Qorvo’s latest results for the three months ending on […]

Shares of Cirrus Logic (CRUS) have been zigzagging lately — down 18% year to date, but they also rose 4.5% following the release of the company’s latest results on May 3. For its fiscal 2022 fourth quarter (ended March 26), its numbers turned out to be way better than expectations. The chipmaker is known for supplying audio codecs […]

The COVID-19 pandemic has been a boon to the tech industry as it sped up digital transformation and accelerated tech dependence worldwide amid remote work lifestyles. The tech industry has thrived over this period, driven by sustained demand and increased adoption of advanced technologies such as artificial intelligence (AI), virtual reality (VR), cloud computing, 5G, and […]