Semis: UBS Cheers Inventory Reduction; Raymond James Cheers AT&T Spend
The Street has developed a warmer, fuzzier good feeling about makers of semiconductors stocks this afternoon, helped, perhaps, in part by AT&T‘s (T) announcement earlier today that it plans to dramatically increase capital spending on infrastructure over the next several years, especially wireless infrastructure. The AT&T announcement is the focus today of Raymond James‘s Hans [...]
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