Some semiconductor stocks tied to the artificial intelligence boom fell this week after missing sky-high whisper numbers.
Power Integrations, Inc. (NASDAQ:POWI) Q1 2024 Earnings Call Transcript May 7, 2024 Power Integrations, Inc. beats earnings expectations. Reported EPS is $0.18, expectations were $0.12. Power Integrations, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank you for standing […]
Power Integrations (POWI) delivered earnings and revenue surprises of 50% and 1.90%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?