Chip designer Allegro MicroSystems (NASDAQ:ALGM) reported Q1 CY2025 results beating Wall Street’s revenue expectations, but sales fell by 19.9% year on year to $192.8 million. Guidance for next quarter’s revenue was optimistic at $197 million at the midpoint, 2.9% above analysts’ estimates. Its non-GAAP profit of $0.06 per share was in line with analysts’ consensus estimates.
Semiconductors are the core infrastructure powering the Information Age. Still, they’re subject to swings in the broader economy because customers often stockpile chips ahead of demand, and investors seem to believe that inventory levels are correcting -
over the past six months, the industry has shed 23.5%. This drawdown was noticeably worse than the S&P 500’s 5.2% loss.
A number of stocks jumped in the morning session after President Trump clarified that he had no intention of removing Federal Reserve Chair Jerome Powell, a statement that helped calm markets. Earlier remarks had sparked fears of political interference in decision-making at the central bank.
With Trump walking back his earlier comments, investors likely felt more assured that monetary policy decisions would continue to be guided by data, not drama. That kept the Fed's word credible, and more importantly, gave investors a steadier compass to figure out where rates and the markets were headed next.
Market swings can be tough to stomach, and volatile stocks often experience exaggerated moves in both directions.
While many thrive during risk-on environments, many also struggle to maintain investor confidence when the ride gets bumpy.
Allegro MicroSystems (NASDAQ:ALGM): Chip designer Allegro MicroSystems (NASDAQ:ALGM) Allegro MicroSystems fell by 13.4% on Monday after
ON Semiconductor withdrew its proposal to acquire the company. See our full article here.
Shares of chip designer Allegro MicroSystems (NASDAQ:ALGM) fell 13.4% in the pre-market session after ON Semiconductor withdrew its proposal to acquire the company. ON Semiconductor added that there was "no actionable path forward."
As the regular session of the US market on Monday comes to an end, let's delve into the after-hours session and discover the top gainers and losers shaping the post-market sentiment.
Many small-cap stocks have limited Wall Street coverage, giving savvy investors the chance to act before everyone else catches on.
But the flip side is that these businesses have increased downside risk because they lack the scale and staying power of their larger competitors.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Nvidia (NASDAQ:NVDA) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Intel (NASDAQ:INTC) and the rest of the processors and graphics chips stocks fared in Q4.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Allegro MicroSystems (NASDAQ:ALGM) and the rest of the processors and graphics chips stocks fared in Q4.
