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30% of their revenues comes from China, it´s their bigger market.
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@Ratofomicas With trump as president and being a company in the chips sector, will probably suffer with tensions
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@Ratofomicas you think that’s a red signal?
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@Ratofomicas almost every chip stock has their big incomes from china..
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@TheWealthInvestor It´s just something to have in mind. Their China revenue fell 28% from a year ago, to $2.14 billion. And it has also been hurt by the U.S. government’s ongoing demands that chipmaking equipment manufacturers refrain from selling advanced technology to customers in China. This all happen with Biden administration, now imagine what laws could be implemented with trump next year
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@Ratofomicas Thank you for your answer, I will keep my investment, and see how will go in to the future, anyway it is less than 2% of my portfolio. Hope didn't make a mistake.
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@TheWealthInvestor It´s a great company with great fundamentals and fairly valued but will probably see some volatility in the short term
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