La vendita allo scoperto per Trio-Tech Intl dà agli investitori un'idea del grado in cui gli investitori stanno scommettendo sul declino delle azioni di Trio-Tech Intl. I dati relativi alle vendite allo scoperto vengono aggiornati ogni due settimane.

Trio-Tech Intl (AMEX:TRT) Azioni, Report sulle vendite allo scoperto

Trio-Tech Intl

Trio-Tech International is a provider of third-party semiconductor testing and burn-in services through its laboratories in Southeast Asia. The company operates in four segments namely Manufacturing, Testing services, Distribution, and Real Estate. Its Manufacturing segment manufactures both front-end and back-end semiconductor test equipment and related peripherals. The Testing Services segment renders services to the manufacturer and purchaser of semiconductors and other entities. Its Distribution segment is involved in the distribution of its products. The company's Real Estate segment consists of investment in real estate. Its geographical area of operations includes the United States, Singapore, Malaysia, Thailand, and China. It derives maximum revenue from Testing services Segment.

Trio-Tech International

TRANSTECH INDUS INC by Transtech Industries, Inc.

Transtech Industries Inc

TORTEC GROUP CORP by TORtec Group Corporation

TERRAPIN 3 ACQUISITION CORP COM CL A

TortoiseEcofin Acquisition Corp III

Triton International Limited 8.50% Series A Cumulative Redeemable Perpetual Preference Shares

Triton International Ltd

Triton International Limited 8.00% Series B Cumulative Redeemable Perpetual Preference Shares

Triton International Limited 7.375% Series C Cumulative Redeemable Perpetual Preference Shares

Triton International Limited 6.875% Series D Cumulative Redeemable Perpetual Preference Shares

Triton International Limited 5.75% Series E Cumulative Redeemable Perpetual Preference Shares

TRUSTPILOT GROUP PLC by Trustpilot Group PLC

Trustpilot Group PLC

TortoiseEcofin Acquisition Corp III Units (1 Ord Share Class A & 1/4 War)

TortoiseEcofin Acquisition Corp III Warrants (01/01/9999)

TPG RE Finance Trust Inc

TPG RE Finance Trust, Inc. 6.25% Series C Cumulative Redeemable Preferred Stock, $0.001 par value per share

Cambria Trinity ETF

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly losses of $(0.06) per share. This is a 220 percent decrease over earnings of $0.05 per share from the same period last year. The company reported $9.80 million in sales this quarter. This is a 1.68 percent decrease over sales of $9.97 million the same period last year.

Earnings

News

Trio-Tech Intl Q1 EPS $(0.06) Down From $0.05 YoY, Sales $9.80M Down From $9.97M YoY

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly earnings of $0.06 per share. This is a 50 percent increase over earnings of $0.04 per share from the same period last year. The company reported $9.75 million in sales this quarter. This is a 7.35 percent increase over sales of $9.08 million the same period last year.

Trio-Tech Intl Q4 EPS $0.06 Up From $0.04 YoY, Sales $9.75M Up From $9.08M YoY

Trio-Tech Q3 2024 EPS $0.02 Up From $0.00 YoY; Revenue $10.398M Up From $9.842M YoY

Trio-Tech International Shareholders' Equity Increases To $7.58 Per Share From $7.22 Per Share

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly earnings of $0.12 per share. This is unchanged from the same period last year. The company reported $12.20 million in sales this quarter. This is a 1.52 percent decrease over sales of $12.39 million the same period last year.

Trio-Tech Intl Q2 EPS $0.12, Same YoY, Sales $12.20M Down From $12.39M YoY

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly earnings of $0.05 per share. This is a 76.19 percent decrease over earnings of $0.21 per share from the same period last year. The company reported $9.97 million in sales this quarter. This is a 16.53 percent decrease over sales of $11.94 million the same period last year.

Trio-Tech Intl Q1 EPS $0.05 Down From $0.21 YoY, Sales $9.97M Down From $11.94M YoY

<h3>Gainers</h3>
<ul>
<li>Inpixon (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INPX#NASDAQ">INPX</a>) shares increased by 35.9% to $0.19 during Thursday's pre-market session. The company's market cap stands at $13.6 million. </li>
<li>WaveDancer (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WAVD#NASDAQ">WAVD</a>) shares rose 31.02% to $0.31. The market value of their outstanding shares is at $6.0 million. </li>
<li>Alpine 4 Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALPP#NASDAQ">ALPP</a>) stock moved upwards by 8.39% to $0.76. The market value of their outstanding shares is at $20.2 million. </li>
<li>ZeroFox Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZFOX#NASDAQ">ZFOX</a>) shares increased by 7.58% to $1.02. The company's market cap stands at $122.4 million. </li>
<li>CXApp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CXAI#NASDAQ">CXAI</a>) shares moved upwards by 7.09% to $1.66. The market value of their outstanding shares is at $25.3 million. </li>
<li>Actelis Networks (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASNS#NASDAQ">ASNS</a>) stock moved upwards by 6.77% to $1.26. The company's market cap stands at $3.4 million. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Ascent Solar Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ASTI#NASDAQ">ASTI</a>) stock fell 58.3% to $2.3 during Thursday's pre-market session. The market value of their outstanding shares is at $1.1 million. </li>
<li>Genasys (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GNSS#NASDAQ">GNSS</a>) shares decreased by 25.79% to $1.9. The company's market cap stands at $70.6 million. </li>
<li>Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) stock fell 11.93% to $5.54. The market value of their outstanding shares is at $22.6 million. As per the news, the Q4 earnings report came out yesterday. </li>
<li>Workday (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WDAY#NASDAQ">WDAY</a>) shares decreased by 10.97% to $205.51. The market value of their outstanding shares is at $53.8 billion. </li>
<li>Opera (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/OPRA#NASDAQ">OPRA</a>) stock fell 7.08% to $13.66. The market value of their outstanding shares is at $1.2 billion. </li>
<li>Accenture (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ACN#NYSE">ACN</a>) stock declined by 5.21% to $298.02. The market value of their outstanding shares is at $187.9 billion. As per the press release, Q4 earnings came out today. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Movers

ALPP

ASNS

ASTI

CXAI

GNSS

INPX

OPRA

WAVD

WDAY

ZFOX

12 Information Technology Stocks Moving In Thursday's Pre-Market Session

<h3>Gainers</h3>
<ul>
<li>BigBear.ai Hldgs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BBAI#NYSE">BBAI</a>) stock increased by 13.3% to $1.45 during Wednesday's regular session. Trading volume for BigBear.ai Hldgs's stock is 3.9 million as of 13:30 EST. This is 116.8% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $225.9 million. </li>
<li>Addvantage Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AEY#NASDAQ">AEY</a>) shares rose 12.54% to $0.4. The company's market cap stands at $5.9 million. </li>
<li>Pros Holdings (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PRO#NYSE">PRO</a>) shares rose 10.97% to $35.5. As of 13:30 EST, this security is trading at a volume of 1.1 million shares, making up 318.6% of its average full-day volume over the last 100 days. The company's market cap stands at $1.6 billion. </li>
<li>SoundHound AI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) shares moved upwards by 9.99% to $1.76. Trading volume for this security as of 13:30 EST is 16.6 million, which is 101.3% of its average full-day volume over the last 100 days. The company's market cap stands at $423.6 million. </li>
<li>Telos (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TLS#NASDAQ">TLS</a>) stock moved upwards by 9.27% to $2.12. The current volume of 329.0K shares is 101.7% of Telos's average full-day volume over the last 100 days (last updated at 13:30 EST). The market value of their outstanding shares is at $147.5 million. </li>
<li>NETSOL Technologies (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTWK#NASDAQ">NTWK</a>) shares moved upwards by 8.69% to $2.0. The market value of their outstanding shares is at $22.6 million. The company's, Q4 earnings came out 3 days ago. </li>
</ul>
<h3>Losers</h3>
<ul>
<li>Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) shares fell 31.6% to $5.61 during Wednesday's regular session. As of 13:30 EST, this security is trading at a volume of 214.2K shares, making up 1119.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $22.9 million. </li>
<li>GSE Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GVP#NASDAQ">GVP</a>) shares fell 13.01% to $0.2. GSE Systems's stock is trading at a volume of 608.0K shares as of 13:30 EST. This is 95.9% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $4.9 million. </li>
<li>Peraso (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PRSO#NASDAQ">PRSO</a>) stock decreased by 10.39% to $0.19. As of 13:30 EST, this security is trading at a volume of 504.3K shares, making up 179.7% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $5.2 million. </li>
<li>MicroAlgo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MLGO#NASDAQ">MLGO</a>) stock decreased by 9.37% to $2.13. MicroAlgo's stock is trading at a volume of 404.7K shares as of 13:30 EST. This is 30.2% of its average full-day volume over the last 100 days. The company's market cap stands at $93.4 million. </li>
<li>Verb Tech (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VERB#NASDAQ">VERB</a>) shares fell 8.69% to $0.74. The current volume of 358.8K shares is 10.9% of Verb Tech's average full-day volume over the last 100 days (last updated at 13:30 EST). The company's market cap stands at $3.3 million. </li>
<li>Sigma Additive Solutions (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SASI#NASDAQ">SASI</a>) stock decreased by 8.6% to $2.83. As of 13:30 EST, Sigma Additive Solutions's stock is trading at a volume of 347.1K, which is 474.4% of its average full-day volume over the last 100 days. The market value of their outstanding shares is at $1.7 million. 
See Also: <a href="http://www.benzinga.com/money/tech-stocks/" title="www.benzinga.com/money/tech-stocks/">www.benzinga.com/money/tech-stocks/</a></li>
</ul>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

BBAI

MLGO

NTWK

PRSO

SASI

SOUN

VERB

12 Information Technology Stocks Moving In Wednesday's Intraday Session

Trading Ideas

Trio-Tech International Shares Resume Trade

Trio-Tech International Shares Halted, Stock Down -0.98%

S.W. Yong, CEO and newly elected Chairman said, &quot;Challenging conditions in the global semiconductor industry had a significant impact on Trio-Tech&#39;s performance this past year, especially in the fourth fiscal quarter. Through proactive management of the business, we nevertheless maintained solid operating margins, significantly improved cash flow and delivered a profitable quarter and year. What&#39;s more, we enhanced our cash-rich balance sheet, reduced debt and increased shareholders&#39; equity. A constant focus on improving our balance sheet enables the Company to be well positioned for investing in opportunities to create new revenue streams, improve profitability and enhance shareholder value.
&quot;While we are very pleased that testing services revenue increased&nbsp;18.8%&nbsp;for the year, primarily attributable to our subsidiaries in China, the Company experienced a softening of demand for testing services in the second half of fiscal 2023. Testing services revenue is vulnerable to escalating US-China tensions, and we are taking steps to minimize this risk by exploring opportunities for diversification.
&quot;Trio-Tech closed the fiscal year with near-record backlog and market demand for semiconductor equipment shows signs of a gradual recovery as we enter fiscal 2024. Distribution revenue is also projected to increase in fiscal 2024 as the demand for our value-added products shows encouraging signs. With due caution about the overall tone of the semiconductor industry and economic prospects in China, we remain optimistic for continued growth in Trio-Tech&#39;s core businesses in the new fiscal year.
&quot;The semiconductor industry has experienced periods of rapid growth and downturns, often in connection with, or in anticipation of, maturing product cycles of both semiconductor companies, customer products and general economic conditions. Consequently, we are increasing our efforts to expand our lines of businesses to reduce the risks associated with a single industry focus and customer concentration.&quot;

Management

Trio-Tech CEO, S.W. Yong, Appointed Chairman Of The Board

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly earnings of $0.04 per share. This is a 78.95 percent decrease over earnings of $0.19 per share from the same period last year. The company reported $9.08 million in sales this quarter. This is a 23.28 percent decrease over sales of $11.83 million the same period last year.

Trio-Tech Intl Q4 EPS $0.04 Down From $0.19 YoY, Sales $9.08M Down From $11.83M YoY

<h3>What Defines a Value Stock?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>The following stocks are considered to be notable value stocks in the technology sector:</h2>
<ol>
<li>United Microelectronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UMC#NYSE">UMC</a>) - P/E: 7.79</li>
<li>Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) - P/E: 9.27</li>
<li>Arrow Electronics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ARW#NYSE">ARW</a>) - P/E: 6.09</li>
<li>Marketwise (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MKTW#NASDAQ">MKTW</a>) - P/E: 4.07</li>
<li>Velo3D (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLD#NYSE">VLD</a>) - P/E: 7.64</li>
</ol>
This quarter, United Microelectronics experienced a decrease in earnings per share, which was $0.25 in Q4 and is now $0.21. Its most recent dividend yield is at 2.28%, which has decreased by 3.06% from 5.34% in the previous quarter.
Trio-Tech Intl's earnings per share for Q3 sits at $0.0, whereas in Q2, they were at 0.12. Arrow Electronics has reported Q1 earnings per share at $4.6, which has decreased by 19.16% compared to Q4, which was 5.69. Marketwise saw an increase in earnings per share from 0.01 in Q4 to $0.05 now. Most recently, Velo3D reported earnings per share at $-0.09, whereas in Q4 earnings per share sat at $-0.08. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

MKTW

A Look Into Technology Sector Value Stocks

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported $9.84 million in sales this quarter. This is a 11.64 percent decrease over sales of $11.14 million the same period last year.

Trio-Tech Intl Q3 EPS 0.00 Vs $(0.04) YoY, Sales $9.84M Down From $11.14M YoY

<h3>Understanding Value Stocks</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>Below is a list of notable value stocks in the technology sector:</h2>
<ol>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) - P/E: 8.63</li>
<li>Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) - P/E: 9.16</li>
<li>Himax Techs (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HIMX#NASDAQ">HIMX</a>) - P/E: 5.01</li>
<li>Nokia (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOK#NYSE">NOK</a>) - P/E: 4.84</li>
<li>Yalla Group (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/YALA#NYSE">YALA</a>) - P/E: 8.13</li>
</ol>
This quarter, Bel Fuse experienced an increase in earnings per share, which was $1.35 in Q4 and is now $1.49. Most recently, the company reported a dividend yield of 0.64%, which has decreased by 0.17% from last quarter's yield of 0.81%.
Most recently, Trio-Tech Intl reported earnings per share at $0.21, whereas in Q4 earnings per share sat at $0.19. Himax Techs saw an increase in earnings per share from 0.17 in Q3 to $0.27 now. Its most recent dividend yield is at 15.68%, which has increased by 13.48% from 2.2% in the previous quarter.
Nokia has reported Q1 earnings per share at $0.06, which has decreased by 60.0% compared to Q4, which was 0.16. Most recently, the company reported a dividend yield of 2.85%, which has increased by 0.98% from last quarter's yield of 1.87%.
Most recently, Yalla Group reported earnings per share at $0.12, whereas in Q3 earnings per share sat at $0.17. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

BELFB

HIMX

YALA

5 Value Stocks In The Technology Sector

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>The following stocks are considered to be notable value stocks in the technology sector:</h2>
<ol>
<li>Bel Fuse (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BELFB#NASDAQ">BELFB</a>) - P/E: 8.15</li>
<li>Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) - P/E: 9.6</li>
<li>BlackSky Technology (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BKSY#NYSE">BKSY</a>) - P/E: 4.34</li>
<li>Avnet (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVT#NASDAQ">AVT</a>) - P/E: 5.1</li>
<li>Canaan (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAN#NASDAQ">CAN</a>) - P/E: 1.43</li>
</ol>
Bel Fuse saw a decrease in earnings per share from 1.48 in Q3 to $1.35 now. The company's most recent dividend yield sits at 0.69%, which has decreased by 0.17% from 0.86% last quarter. 
This quarter, Trio-Tech Intl experienced an increase in earnings per share, which was $0.19 in Q4 and is now $0.21. Most recently, BlackSky Technology reported earnings per share at $-0.11, whereas in Q2 earnings per share sat at $-0.22. Avnet has been featured as a value stock. Avnet's Q2 EPS sits at $2.0, which has not changed since last quarter (Q1). Its most recent dividend yield is at 2.5%, which has decreased by 0.12% from 2.62% in the previous quarter.
Canaan has reported Q3 earnings per share at $0.14, which has decreased by 76.67% compared to Q2, which was 0.6. 
These 5 value stocks were selected by Benzinga Insights based on quantified analysis. While this methodical judgment process is not meant to make final decisions, our technology can give investors additional perception into the sector.

BlackSky Technology Inc. Class A Common Stock

BKSY

<h3>Gainers</h3>
<ul>
<li>SeqLL Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sql#NASDAQ">SQL</a>) shares jumped 120% to $1.85 after dropping around 39% on Thursday. SeqLL recently announced the establishment of a two-year Cooperative Research and Development Agreement with the U.S. Department of Justice&#39;s Federal Bureau of Investigation.</li>
<li>Hillstream BioPharma, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hils#NASDAQ">HILS</a>) rose 92.3% to $2.27 after the company reported initial results evaluating the synergy of HSB-1216 with immune checkpoint inhibitors in KRAS G12C-mutated non-small cell lung cancer cells, Calu-1, with Pembrolizumab, demonstrating significantly greater tumor inhibition.</li>
<li>Vallon Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vlon#NASDAQ">VLON</a>) surged 71.2% to $0.4588.</li>
<li>Lixte Biotechnology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lixt#NASDAQ">LIXT</a>) gained 36.6% to $1.49. LIXTE Biotechnology recently noted that a team of scientists reported that in three difficult-to-treat cancer types, LIXTE&#39;s lead compound, LB-100, combined with an inhibitor of the WEE1 kinase, causes unexpectedly effective cancer cell killing.</li>
<li>Expion360 Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xpon#NASDAQ">XPON</a>) gained 26.4% to $2.51 after the company announced it has been selected by Cube Series as the exclusive supplier of lithium-ion batteries for a ultra-lightweight foldable campler.</li>
<li>Nova LifeStyle, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/nvfy#NASDAQ">NVFY</a>) jumped 26% to $1.31.</li>
<li>VistaGen Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/vtgn#NASDAQ">VTGN</a>) climbed 23% to $0.1741 after dropping around 24% on Thursday. VistaGen Therapeutics recently reported a Q3 FY23 net loss of $(9.8) million or $(0.05) per share.</li>
<li>Proto Labs, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prlb#NASDAQ">PRLB</a>) gained 22.4% to $37.24 as the company reported a fourth-quarter revenue decline of 6.5% year-over-year to $115.6 million, beating the consensus of $109.8 million.</li>
<li>EZFill Holdings Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ezfl#NASDAQ">EZFL</a>) rose 22.4% to $0.4897. EzFill announced preliminary unaudited 2022 Q4 revenues of $4.9 million, up 143% year over year.</li>
<li>Akanda Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/akan#NASDAQ">AKAN</a>) jumped 21.7% to $0.2220.</li>
<li>Oscar Health, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/oscr#NYSE">OSCR</a>) gained 19.2% to $4.53 following upbeat Q4 earnings.</li>
<li>Lions Gate Entertainment Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/lgf-a#NYSE">LGF-A</a>) shares climbed 18.8% to $9.80 following Q3 results.</li>
<li>Bon Natural Life Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bon#NASDAQ">BON</a>) gained 16.3% to $1.43 after reporting a rise in FY earnings.</li>
<li>Brera Holdings PLC (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/brea#NASDAQ">BREA</a>) rose 14.7% to $2.73.</li>
<li>Alteryx, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ayx#NYSE">AYX</a>) shares climbed 14.6% to $68.83 after the company reported better-than-expected Q4 EPS and sales results.</li>
<li>NGL Energy Partners LP (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ngl#NYSE">NGL</a>) gained 13.5% to $1.9415 following strong Q3 earnings.</li>
<li>Ecoark Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/zest#NASDAQ">ZEST</a>) rose 10.7% to $0.3318. Ault Alliance and Ecoark Holdings, on Thursday, signed a share exchange agreement.</li>
<li>Corsair Gaming, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/crsr#NASDAQ">CRSR</a>) gained 8.9% to $16.47 following strong quarterly results.</li>
<li>HEXO Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hexo#NASDAQ">HEXO</a>) shares rose 6.4% to $1.49 after dropping over 10% on Thursday. HEXO recently increased production of its straight edge pre-rolls and launched enhanced inhalation technology.</li>
</ul>
<h3>Losers</h3>
<ul>
<li>Hempacco Co., Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hpco#NASDAQ">HPCO</a>) shares dropped 57.7% to $1.8550 after the company announced pricing of an upsized $6.3 million public offering.</li>
<li>Blue Star Foods Corp. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bsfc#NASDAQ">BSFC</a>) fell 47.5% to $0.1925. Blue Star Foods recently engaged ShareIntel to combat alleged illegal short selling.</li>
<li>Lyft, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lyft#NASDAQ">LYFT</a>) fell 33.6% to $10.77 after the company issued Q1 revenue guidance below analyst estimates.</li>
<li>AppHarvest, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/apph#NASDAQ">APPH</a>) shares dropped 33% to $0.8840 after the company announced pricing of $40 million underwritten public offering of 40 million shares of common stock at a price of $1 per share.</li>
<li>Phathom Pharmaceuticals, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/phat#NASDAQ">PHAT</a>) fell 29.1% to $8.20 after the company announced it received complete response letters from the FDA relating to its erosive esopgagitis New Drug Application and H. pylori post approval supplement.</li>
<li>Sangoma Technologies Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/sang#NASDAQ">SANG</a>) dropped 27.8% to $3.84 following Q2 results.</li>
<li>Hyzon Motors Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hyzn#NASDAQ">HYZN</a>) dropped 27.2% to $1.31. Hyzon Motors announced receipt of Nasdaq listing determination.</li>
<li>Altisource Portfolio Solutions S.A. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/asps#NASDAQ">ASPS</a>) fell 25.2% to $4.73 after the company reported an underwritten public offering of shares of common stock.</li>
<li>Yellow Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/yell#NASDAQ">YELL</a>) fell 23.3% to $2.5550 following Q4 results.</li>
<li>Sensus Healthcare, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/srts#NASDAQ">SRTS</a>) dropped 21.6% to $6.94 after the company reported worse-than-expected Q4 EPS results.</li>
<li>Amesite Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/amst#NASDAQ">AMST</a>) fell 18.9% to $0.2918.</li>
<li>BARK, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bark#NYSE">BARK</a>) declined 18.5% to $1.59 after reporting results for the third quarter.</li>
<li>Osisko Development Corp. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/odv#NYSE">ODV</a>) fell 18.4% to $4.5595.</li>
<li>WeTrade Group, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wetg#NASDAQ">WETG</a>) dropped 18.4% to $0.53. WeTrade said demo version of ChatGPT-style product has been introduced to Tencent&#39;s WeChat official account.</li>
<li>Pixelworks, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pxlw#NASDAQ">PXLW</a>) fell 17% to $1.6101 following quarterly results.</li>
<li>PainReform Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/prfx#NASDAQ">PRFX</a>) fell 16.8% to $0.63. PainReform recently announced the receipt of an extension to meet the Nasdaq&#39;s minimum bid price requirement.</li>
<li>BeyondSpring Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bysi#NASDAQ">BYSI</a>) dropped 16.7% to $2.23. BeyondSpring received notifications from Nasdaq regarding compliance with listing rules.</li>
<li>Knowles Corporation (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kn#NYSE">KN</a>) fell 16.7% to $15.70 after the company posted in-line quarterly earnings.</li>
<li>Decibel Therapeutics, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/dbtx#NASDAQ">DBTX</a>) dropped 15.9% to $4.0285.</li>
<li>Beyond Air, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/xair#NASDAQ">XAIR</a>) dipped 14.8% to $5.66 following Q3 results.</li>
<li>Predictive Oncology Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/poai#NASDAQ">POAI</a>) fell 14.2% to $ 0.4550.</li>
<li>Magna International Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mga#NYSE">MGA</a>) declined 13.7% to $55.72 following weak quarterly earnings.</li>
<li>Lottery.com Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ltry#NASDAQ">LTRY</a>) fell 13.1% to $0.6690</li>
<li>Forrester Research, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/forr#NASDAQ">FORR</a>) dropped 12.4% to $32.39 after the company reported worse-than-expected Q4 sales results and issued soft FY23 revenue guidance.</li>
<li>SelectQuote, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/slqt#NYSE">SLQT</a>) fell 12.2% to $1.80 after climbing over 35% on Thursday. SelectQuote recently reported better-than-expected Q2 results and raised the lower end of its FY23 sales guidance above estimates.</li>
<li>Wearable Devices Ltd. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/wlds#NASDAQ">WLDS</a>) shares fell 11.1% to $0.8087. Wearable Devices shares jumped over 45% on Thursday after the company received approval from the Israel Innovation Authority for a $900,000 grant.</li>
<li>Doximity, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/docs#NYSE">DOCS</a>) dipped 11.1% to $ 32.36 following Q3 results.</li>
<li>AMC Entertainment Holdings, Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ape#NYSE">APE</a>) dropped 10.6% to $2.4315 after declining 5% on Thursday.</li>
<li>Lulu&#39;s Fashion Lounge Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/lvlu#NASDAQ">LVLU</a>) fell 10% to $3.1850</li>
<li>Creative Medical Technology Holdings, Inc. (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/celz#NASDAQ">CELZ</a>) fell 9.7% to $0.7880. Creative Medical Technology recently announced it received Institutional Review Board approval to proceed with its Clinical Trial for the treatment of Type 1 Diabetes with its CELZ-201 cell therapy.</li>
<li>Agrify Corporation (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/agfy#NASDAQ">AGFY</a>) fell 9.5% to $0.3975.</li>
<li>HUTCHMED (China) Limited (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hcm#NASDAQ">HCM</a>) dropped 9.2% to $16.67.</li>
<li>Trio-Tech International (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/trt#NYSE">TRT</a>) dropped 9.1% to $4.5044.</li>
<li>Zhihu Inc. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/zh#NYSE">ZH</a>) fell 8.5% to $1.8109 after gaining over 5% on Thursday.</li>
<li>Banco Bradesco S.A. (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/bbd#NYSE">BBD</a>) fell 7.7% to $2.4450. Banco Bradesco posted a 75.9% tumbled in its Q4 net income.</li>
</ul>
Now Read This: <a href="https://www.benzinga.com/markets/cryptocurrency/23/02/30855328/bitcoin-tumbles-below-22-000-dydx-becomes-top-loser"> Bitcoin Tumbles Below $22,000; dYdX Becomes Top Loser</a>

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YELL

ZEST

Why Hempacco Are Trading Lower By 58%? Here Are Other Stocks Moving In Friday's Mid-Day Session

Trio-Tech International Common Stock (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly earnings of $0.12 per share. This is a 40 percent decrease over earnings of $0.20 per share from the same period last year. The company reported $12.39 million in sales this quarter. This is a 13.44 percent increase over sales of $10.92 million the same period last year.

Trio-Tech International Common Stock Q2 EPS $0.12 Down From $0.20 YoY, Sales $12.39M Up From $10.92M YoY

Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) reported quarterly earnings of $0.21 per share. This is a 8.7 percent decrease over earnings of $0.23 per share from the same period last year. The company reported $11.94 million in sales this quarter. This is a 17.38 percent increase over sales of $10.17 million the same period last year.

Trio-Tech Intl Q1 EPS $0.21 Down From $0.23 YoY, Sales $11.94M Up From $10.17M YoY

<h3>What are Value Stocks?</h3>
A value stock traditionally has a lower price when compared to stock prices of companies in the same industry. This indicates that the company may be undervalued, as investors are not expressing as much interest in such companies. The most commonly used way to check for value is with the price-to-earnings multiple, or P/E. A low P/E multiple is a good indication that the stock is undervalued. 
<h2>The following stocks are considered to be notable value stocks in the technology sector:</h2>
<ol>
<li>Trio-Tech Intl (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/TRT#AMEX">TRT</a>) - P/E: 8.31</li>
<li>Telefonaktiebolaget L M (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIC#NASDAQ">ERIC</a>) - P/E: 9.55</li>
<li>BM Technologies (AMEX:<a class="ticker" href="https://www.benzinga.com/stock/BMTX#AMEX">BMTX</a>) - P/E: 5.42</li>
<li>ChipMOS TECHNOLOGIES (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/IMOS#NASDAQ">IMOS</a>) - P/E: 4.4</li>
<li>Nortech Systems (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NSYS#NASDAQ">NSYS</a>) - P/E: 3.17</li>
</ol>
This quarter, Trio-Tech Intl experienced an increase in earnings per share, which was $-0.04 in Q3 and is now $0.19. Most recently, Telefonaktiebolaget L M reported earnings per share at $0.14, whereas in Q1 earnings per share sat at $0.1. The company's most recent dividend yield sits at 3.11%, which has increased by 1.6% from 1.51% last quarter. 
BM Technologies saw a decrease in earnings per share from 0.36 in Q1 to $0.15 now. ChipMOS TECHNOLOGIES has reported Q2 earnings per share at $1.22, which has increased by 3.39% compared to Q1, which was 1.18. Most recently, the company reported a dividend yield of 8.81%, which has increased by 4.61% from last quarter's yield of 4.2%.
Nortech Systems saw an increase in earnings per share from 0.04 in Q1 to $0.25 now. 
The Significance: A value stock may need some time to rebound from its undervalued position. The risk of investing in a value stock is that this emergence may never materialize.

BMTX

ERIC

IMOS

NSYS

5 Value Stocks To Watch In The Technology Sector

After challenging conditions in 2023, the semiconductor industry is poised to bounce back this year, driven by resurgent demand from various industries, coupled with government backing. Hence, investors could consider buying chip stocks Trio-Tech (TRT), ASE Technology (ASX), and Applied Materials (AMAT), which are experiencing upward momentum. Read more… The chip industry is expected to witness substantial growth due to increasing demand for electronic devices across various sectors, such as consumer electronics, automotive, telecom, and healthcare. Also, the surge of emerging technologies, including artificial intelligence (AI), the Internet of Things (IoT), and 5G networks is fueling demand for specialized chips.
Given the industry's rosy prospects, it could be wise to invest in fundamentally strong chip stocks Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>), ASE Technology Holding Co., Ltd. (<a href="https://stocknews.com/stock/ASX/">ASX</a>), and Applied Materials, Inc. (<a href="https://stocknews.com/stock/AMAT/">AMAT</a>) for potential gains.
After a challenging year in 2023, <a href="https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html">semiconductor sales are expected to rebound in 2024</a>, driven by resurgent market demand and government incentives worldwide. This year, global chip sales are predicted to total $588 billion, about 13% better than 2023 and 2.5% more than 2022's record industry revenues of $574 billion.
In terms of end markets, both PC and smartphone sales are anticipated to rise 4% in 2024, after last year's respective declines of 14% and 3.5%.
As per SEMI's quarterly World Fab Forecast report, the <a href="https://www.semi.org/en/news-media-press-releases/semi-press-releases/global-semiconductor-capacity-projected-to-reach-record-high-30-million-wafers-per-month-in-2024-semi-reports">worldwide semiconductor capacity</a> is set to surge 6.4% in 2024 to surpass the 30 million wafers per month (wpm) mark for the first time after increasing 5.5% to 29.6 wpm in 2023.
This year's growth will be driven by capacity growth in leading-edge logic and foundry, applications including generative AI and high-performance computing (HPC), and the recovery in end-demand for chips.
According to the Precedence Research report, the global semiconductor market is projected to total $1.13 trillion by 2033, growing at a noteworthy <a href="https://www.precedenceresearch.com/semiconductor-market">CAGR of 7.6%</a> during the forecast period (2024-2033).
Besides, the <a href="https://www.mckinsey.com/industries/public-sector/our-insights/the-chips-and-science-act-heres-whats-in-it">Chips and Science Act of 2022</a> allocates $280 billion to boost U.S. semiconductor manufacturing capacity. It also aims to accelerate research and development (R&amp;D) and promote the commercialization of advanced technologies, like quantum computing, AI, clean energy, and nanotechnology.
Moreover, investors' interest in semiconductor stocks is evident from the VanEck Vectors Semiconductor ETF (<a href="https://stocknews.com/stock/SMH/">SMH</a>) 50.4% returns over the past six months.
Given these encouraging trends, let's look at the fundamentals of the three best <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> stocks, beginning with the third choice.
Stock #3: Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>)
TRT engages in the manufacturing, testing, and distribution services for the semiconductor industry. The company operates in four segments: Manufacturing; Testing Services; Distribution; and Real Estate. It develops and manufactures test equipment used in front-end and back-end manufacturing processes of semiconductors.
In terms of trailing-12-month <a href="https://www.investopedia.com/terms/e/enterprisevaluesales.asp">EV/Sales</a>, TRT is trading at 0.33x, 89.3% lower than the industry average of 3.04x. Likewise, the stock's trailing-12-month EV/EBITDA multiple of 2.06 is 88.5% lower than the industry average of 17.94. Further, the stock's trailing-12-month Price/Sales of 0.62x is 78.6% lower than the industry average of 2.92x.
TRT's trailing-12-month EBITDA margin of 15.81% is 74.1% higher than the respective industry average of 9.08%. Also, the stock's trailing-12-month levered FCF margin of 16.66% is 85.6% higher than the industry average of 8.97%.
For the fiscal 2024 second quarter that ended December 31, 2023, TRT reported revenue of $12.20 million. Its net income attributable to TRT and EPS came in at $507 thousand and $0.12 for the quarter, respectively. The company's cash and cash equivalents were $10.97 million as of December 31, 2023, compared to $7.58 million as of June 30, 2023.
Shares of TRT have surged 9.6% over the past month and 41.4% over the past year to close the last trading session at $6.25.
TRT's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Momentum and Value. It has a B grade for Sentiment. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, TRT is ranked #15 out of 91 stocks.
<a href="https://stocknews.com/stock/TRT/">Click here</a> to access additional ratings of TRT for Quality, Growth, and Stability.
Stock #2: ASE Technology Holding Co., Ltd. (<a href="https://stocknews.com/stock/ASX/">ASX</a>)
Headquartered in Kaohsiung, Taiwan, ASX offers semiconductors packaging &amp; testing and electronic manufacturing services internationally. The company develops, constructs, sells, leases, and manages real estate properties; produces substrates; offers information software, equipment leasing, investment advisory, and warehousing management services.
On October 3, 2023, ASX launched its Integrated Design Ecosystemtm (IDE), a collaborative design toolset optimized to boost advanced package architecture across its VIPackTM platform systematically. It enables silicon package design efficiencies that reduce cycle time by half and set new standards for quality and user experience.
ASX's trailing-12-month EBIT margin and net income margin of 6.93% and 5.45% are 45.6% and 107.3% higher than the respective industry averages of 4.76% and 2.63%. Similarly, the stock's trailing-12-month levered FCF margin of 9.34% is 4.1% higher than the industry average of 8.97%.
ASX's net revenue for the fourth quarter that ended December 31, 2023, increased 4.2% from the prior quarter to NT$160.58 billion ($5.09 billion), and its gross profit grew 3.4% quarter-over-quarter to NT$25.76 billion ($816.65 million). The company's operating income of NT$11.81 billion ($374.55 million) indicates growth of 3.6% from the previous quarter.
Further, the company's net income attributable to shareholders of the parent and EPS came in at NT$9.39 billion ($297.74 million) and NT$2.13, up 7% and 6.5% quarter-on-quarter, respectively.
Analysts expect ASX's revenue and EPS for the second quarter (ending June 2024) to increase 2.7% and 20.5% year-over-year to $4.46 billion and $1.14, respectively. Moreover, the company has topped the consensus EPS estimates in three of the trailing four quarters.
ASX's shares have gained 39.3% over the past six months and 46.8% over the past year to close the last trading session at $10.98.
ASX's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has an A grade for Momentum and a B for Value and Sentiment. Within the same industry, ASX is ranked #11 among 90 stocks.
In addition to the POWR Ratings we've stated above, we also have ASX ratings for Quality, Growth, and Stability. Get all ASX ratings <a href="https://stocknews.com/stock/ASX/">here</a>.
Stock #1: Applied Materials, Inc. (<a href="https://stocknews.com/stock/AMAT/">AMAT</a>)
AMAT provides manufacturing equipment, services, and software to the semiconductor, display, and related industries. The company operates through three segments: Semiconductor Systems; Applied Global Services; and Display and Adjacent Markets.
On March 11, 2024, AMAT announced that its board of directors approved a 25% increase in the quarterly cash dividend from $0.32 to $0.40 per share. The dividend is payable on June 13, 2024, to shareholders of record as of May 23, 2024.
AMAT pays an annual dividend of $1.60, which translates to a yield of 0.80% at the current share price. Its four-year average dividend yield is 0.94%. Moreover, the company's dividend payouts have increased at a CAGR of 13.3% over the past three years. AMAT has raised its dividends for six consecutive years.
On February 26, AMAT announced a portfolio of products and solutions created to cater to the patterning requirements of chips in the "angstrom era." The company introduced innovative new etch systems, CVD patterning films and metrology solutions to enhance chips made using EUV and High-NA EUV lithography.
AMAT is also working with leading-edge logic chipmakers on a growing number of Sculpta applications.
AMAT's trailing-12-month EBITDA margin and net income margin of 30.72% and 27.03% are significantly higher than the respective industry averages of 9.08% and 2.63%. Furthermore, the stock's trailing-12-month levered FCF margin of 20.34% is 126.7% higher than the industry average of 8.97%.
AMAT reported net sales of $6.71 billion for the first quarter that ended January 28, 2024. The company's non-GAAP gross profit grew 1.9% from the year-ago value to $3.21 billion. Its non-GAAP net income and non-GAAP EPS came in at $1.78 billion and $2.13, indicating growth of 3.4% and 4.9% from the prior year's quarter, respectively.
In addition, the company's non-GAAP free cash flow increased 5.7% year-over-year to $2.10 billion. Its cash and cash equivalents were $6.85 billion as of January 28, 2024, versus $6.13 billion as of October 29, 2023.
Street expects AMAT's revenue for the third quarter (ending July 2024) to increase 2.2% year-over-year to $6.56 billion, and its EPS is estimated to increase 3.1% year-over-year to $1.96 for the same period. Moreover, the company surpassed the consensus EPS and revenue estimates in all four trailing quarters, which is impressive.
AMAT's stock has gained 38.9% over the past six months and 66.8% over the past year to close the last trading session at $200.75.
AMAT's POWR Ratings reflect this robust outlook. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
AMAT has an A grade for Sentiment and Momentum. The stock also has a B grade for Quality. It is ranked #7 among the 90 stocks in the Semiconductor &amp; Wireless Chip industry.
<a href="https://stocknews.com/stock/AMAT/">Click here</a> to access additional AMAT ratings for Value, Growth, and Stability.
What To Do Next?
Discover 10 widely held stocks that our proprietary model shows have tremendous downside potential. Please make sure none of these "death trap" stocks are lurking in your portfolio:
<a href="https://report.stocknews.com/free-report/10-stocks-to-sell/?formplacement=artbotad_10sell">10 Stocks to SELL NOW! &gt;</a>

<hr />
AMAT shares fell $0.05 (-0.02%) in premarket trading Friday. Year-to-date, AMAT has gained 24.05%, versus a 8.08% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Mangeet Kaur Bouns</h2> <img src='https:/wp-content/uploads/2022/01/Mangeet-Kaur-Bouns_Image-4.jpg' style="float:left; padding:5px;width:125px;">Mangeet's keen interest in the stock market led her to become an investment researcher and financial journalist. Using her fundamental approach to analyzing stocks, Mangeet's looks to help retail investors understand the underlying factors before making investment decisions.<a href="https://stocknews.com/authors/?author=mangeet-kaurbouns">More...</a>The post <a href=https://stocknews.com/news/amat-asx-trt-3-chip-stocks-to-gaining-altitude/>3 Chip Stocks to Gaining Altitude</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Chip Stocks to Gaining Altitude

The chip industry is poised for sustained growth due to the increasing demand for chips amid consistently expanding applications. Therefore, semiconductor stocks Trio-Tech International (TRT), ASE Technology (ASX), and United Microelectronics (UMC), which demonstrate a solid performance, could be worth buying now. Read more… The semiconductor industry is set for significant expansion thanks to heightened chip utilization in cutting-edge technologies, automotive, and healthcare domains. Artificial intelligence (AI), the Internet of Things (IoT), and 5G networks all need specialized chips.
Given this backdrop, chip stocks Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>), ASE Technology Holding Co., Ltd. (<a href="https://stocknews.com/stock/ASX/">ASX</a>), and United Microelectronics Corporation (<a href="https://stocknews.com/stock/UMC/">UMC</a>), which are showing strength in the market, could be worth investing in.
The global semiconductor market began the year strong, witnessing a 15.2% year-over-year increase in worldwide sales, totaling <a href="https://www.semiconductors.org/global-semiconductor-sales-increase-15-2-year-to-year-in-january/">$47.60 billion in January</a>. The Semiconductor Industry Association (SIA) predicts a 13.1% growth in global chip sales for 2024, reaching $595.3 billion, driven by increasing demand for artificial intelligence (AI) and automotive chips.
According to Gartner, global semiconductor revenue is projected to grow by 16.8% in 2024, reaching <a href="https://www.gartner.com/en/newsroom/press-releases/2023-12-04-gartner-forecasts-worldwide-semiconductor-revenue-to-grow-17-percent-in-2024">$624 billion</a>, with the worldwide memory market expected to experience double-digit growth.
Notably, the increasing demand for AI-powered devices and applications across various industries is driving the growth of the artificial intelligence chip industry. The global artificial intelligence chip market is predicted to reach $372.01 billion by 2032, exhibiting a <a href="https://www.thebrainyinsights.com/report/artificial-intelligence-chip-market-13921">38.2% CAGR</a>.
Investors' interest in chip stocks is evident from the VanEck Vectors Semiconductor ETF's (<a href="https://stocknews.com/stock/SMH/">SMH</a>) 78.4% returns over the past year.
Considering these conducive trends, let's analyze the fundamentals of the three <a href="https://stocknews.com/category/semiconductor-wireless-chip/%22">Semiconductor &amp; Wireless Chip</a> picks, beginning with the third choice.
Stock #3: Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>)
TRT and its subsidiaries offer the semiconductor industry manufacturing, testing, and distribution services. The company operates through four segments: Manufacturing, Testing Services, Distribution, and Real Estate.
In terms of the trailing-12-month <a href="https://www.investopedia.com/terms/e/ebitda-margin.asp">EBITDA margin</a>, TRT's 15.81% is 73.5% higher than the 9.11% industry average. Its 16.66% trailing-12-month levered FCF margin is 80.3% higher than the 9.24% industry average. Likewise, the stock's 0.89x trailing-12-month asset turnover ratio is 45.2% higher than the 0.61x industry average.
For the fiscal second quarter that ended December 31, 2023, TRT's revenues came in at $12.20 million. Likewise, the company's net income attributable to TRT and EPS came in at $507 thousand and $0.12, respectively. In addition, as of December 31, 2023, the company's cash and cash equivalents stood at $10.97 million, compared to $7.58 million as of June 30, 2023.
Over the past year, TRT's stock has gained 36.4% to close the last trading session at $6.29. This compares to the SPDR S&amp;P 500 ETF Trust's (<a href="https://stocknews.com/stock/SPY/">SPY</a>) 31.7% returns over the same time frame.
TRT's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect strong prospects. Its overall rating is B, which translates to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
It has an A grade for Value and Momentum and a B for Sentiment. It is ranked #15 out of 91 stocks in the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry. We rate TRT on eight different levels. In addition to what we stated above, we have also given TRT grades for Growth, Stability, and Quality. Get all the TRT ratings <a href="https://stocknews.com/stock/TRT/">here</a>.
Stock #2: ASE Technology Holding Co., Ltd. (<a href="https://stocknews.com/stock/ASX/">ASX</a>)
Headquartered in Kaohsiung, Taiwan, ASX, and its subsidiaries provide semiconductor packaging, testing, and electronic manufacturing services in the United States, Taiwan, Asia, Europe, and internationally.
In terms of the trailing-12-month net income margin, ASX's 5.45% is 107.5% higher than the 2.63% industry average. Likewise, its 4.76% trailing-12-month Return on Total Assets is 274% higher than the industry average of 1.27%. Its 10.59% trailing-12-month Return on Common Equity is 256.9% higher than the industry average of 2.97%.
ASX's total net revenues for the fiscal fourth quarter that ended December 31, 2023, increased 4.2% year-over-year to NT$160.58 billion ($5.04 billion). The company's operating income grew 3.6% year-over-year to NT$11.81 billion ($370.36 million). Its net income attributable to ASX and EPS came in at NT$9.39 billion (294.47 million) and NT$2.13, up 7% and 6.5% over the prior-year quarter, respectively.
Street expects ASX's EPS for the quarter ending March 31, 2024, to increase 11.4% year-over-year to $0.10. Its revenue for the quarter ending June 30, 2024, is expected to increase 1.1% year-over-year to $4.40 billion. It surpassed the Street EPS estimates in three of the trailing four quarters. Over the past six months, the stock has gained 47.7% (versus the SPY's 20.6%) to close the last trading session at $11.12.
ASX's POWR Ratings reflect a favorable outlook. It has an overall rating of B, which translates to a Buy in our proprietary rating system.
It has a B grade for Value and Momentum and is ranked #12 in the same industry. To see ASX's Growth, Stability, Sentiment, and Quality ratings, <a href="https://stocknews.com/stock/ASX/">click here</a>.
Stock #1: United Microelectronics Corporation (<a href="https://stocknews.com/stock/UMC/">UMC</a>)
Headquartered in Hsinchu City, Taiwan, UMC operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.
On January 25, 2024, UMC and Intel announced a collaboration to develop a 12-nanometer process platform, which will expand capacity and global supply chain resilience for high-growth markets.
UMC's Jason Wang, Co-President, predicted that the collaboration with Intel on the 12 nm process would accelerate their development roadmap, broaden their market reach, and leverage the strengths of both companies for customer benefit.
In terms of the trailing-12-month Capex/Sales margin, UMC's 41.11% is significantly higher than the 2.32% industry average. Its 29.41% trailing-12-month net income margin is 943.3% higher than the 2.63% industry average. Likewise, its 17.57% trailing-12-month Return on Common Equity is 492.1% higher than the industry average of 2.97%.
For the fiscal fourth quarter that ended December 31, 2023, UMC's operating revenues and gross profit stood at $1.79 billion and $580 million, respectively. For the same quarter, net income attributable to shareholders of the parent and earnings per ADS stood at $430 million and $0.17, respectively.
Analysts expect UMC's EPS and revenue for the quarter ending September 30, 2024, to increase 2.4% and 11.5% year-over-year to $0.20 and $1.96 billion, respectively. It surpassed the consensus EPS estimates in each of the trailing three quarters. Over the past six months, the stock has gained 13% to close the last trading session at $7.99.
It's no surprise that UMC has an overall rating of B, which translates to a Buy in our proprietary POWR Ratings system.
It is ranked #11 in the Semiconductor &amp; Wireless Chip industry. It has a B grade for Value, Momentum, and Quality. <a href="https://stocknews.com/stock/UMC/">Click here</a> to see UMC's Growth, Stability, and Sentiment ratings.
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<hr />
TRT shares were trading at $6.36 per share on Tuesday afternoon, up $0.07 (+1.11%). Year-to-date, TRT has gained 25.44%, versus a 9.99% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Abhishek Bhuyan</h2> <img src='https:/wp-content/uploads/2023/07/ABhuyan.jpg' style="float:left; padding:5px;width:125px;">Abhishek embarked on his professional journey as a financial journalist due to his keen interest in discerning the fundamental factors that influence the future performance of financial instruments.<a href="https://stocknews.com/authors/?author=abhishek-bhuyan">More...</a>The post <a href=https://stocknews.com/news/trt-asx-umc-3-chip-stocks-to-buy-with-strong-market-performance/>3 Chip Stocks to Buy With Strong Market Performance</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Chip Stocks to Buy With Strong Market Performance

The semiconductor industry's long-term growth is fueled by robust demand, particularly across the consumer electronics sector, favorable government policies, and technological advances. Amid market risks, it could be ideal to hold quality chip stocks Trio-Tech (TRT), Tower Semiconductor (TSEM), and Amkor Technology (AMKR). Keep reading… The semiconductor industry is undergoing a transformative phase, coping with last year's turmoil. Despite lingering macro headwinds, the industry's long-term outlook appears promising, driven by resurgent end-use demand, especially in PC and smartphone markets, transition to advanced node manufacturing technologies, and generative AI adoption.
Amid this backdrop, investors could consider buying fundamentally sound chip stocks Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>), Tower Semiconductor Ltd. (<a href="https://stocknews.com/stock/TSEM/">TSEM</a>), and Amkor Technology, Inc. (<a href="https://stocknews.com/stock/AMKR/">AMKR</a>) for potential gains.
While the chip industry is expected to hit rock bottom and likely show signs of recovery this year, geopolitical tensions and the potential expansion of U.S. export controls in China remain operational risks. Also, the recent massive earthquake in Taiwan will likely slow down and <a href="https://edition.cnn.com/2024/04/03/tech/taiwan-earthquake-risks-semiconductor-chip-industry-tsmc/index.html">hinder the operations of leading chipmaker companies</a>.
The semiconductor industry had a challenging year in 2023, with global sales expected to decline 9.4% year-over-year to $520 billion. However, the industry will likely show a swift recovery in 2024, with technologies like generative AI leading the way, followed by emerging smart manufacturing for chipmakers.
This year, global chip sales are predicted to reach $588 billion, <a href="https://www2.deloitte.com/us/en/pages/technology-media-and-telecommunications/articles/semiconductor-industry-outlook.html">13% better than 2023</a>. Regarding end markets, both PC and smartphone sales are anticipated to grow 4% in 2024, after last year's declines of 14% and 3.5%, respectively.
Moreover, the <a href="https://www.whitehouse.gov/briefing-room/statements-releases/2022/08/09/fact-sheet-chips-and-science-act-will-lower-costs-create-jobs-strengthen-supply-chains-and-counter-china/">CHIPS Act of 2022</a>, which authorized $52.7 billion over five years, aims to boost domestic semiconductor research and manufacturing, reducing American companies' reliance on Chinese suppliers. The U.S. semiconductor market is expected to reach $167.92 billion by 2032, growing at a <a href="https://www.expertmarketresearch.com/reports/united-states-semiconductor-market#:~:text=What%20is%20the%20growth%20rate,8.7%25%20between%202024%20and%202032.">CAGR of 8.7%</a> from 2024 to 2032.
Besides, the global semiconductor market is anticipated to total around $1.14 trillion by 2033, exhibiting a <a href="https://www.precedenceresearch.com/semiconductor-market#:~:text=What%20is%20the%20CAGR%20of,forecast%20period%202024%20to%202033.">CAGR of 7.6%</a>.
Given these favorable market trends, let's look at the fundamentals of the top three <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> stocks, beginning with the third choice.
Stock #3: Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>)
TRT provides manufacturing, testing, and distribution services for the semiconductor industry. The company operates through four segments: Manufacturing; Testing Services; Distribution; and Real Estate. It develops and manufactures test equipment used in front-end and back-end manufacturing processes of semiconductors.
In terms of trailing-12-month EV/Sales, TRT is trading at 0.34x, 88.8% lower than the industry average of 3x. Likewise, the stock's trailing-12-month EV/EBIT multiple of 16.46 is 25.2% lower than the industry average of 22.01. Similarly, the stock's trailing-12-month <a href="https://www.investopedia.com/ask/answers/032515/what-considered-favorable-price-sales-ratio.asp#:~:text=The%20Price%2Dto%2DSales%20Ratio,to%20deliver%20%241%20of%20revenue.">Price/Sales</a> of 0.63x is 77.8% lower than the industry average of 2.86x.
TRT's trailing-12-month EBITDA margin and ROTA of 15.81% and 1.91% are 65.6% and 27% higher than the respective industry averages of 9.55% and 1.51%. Also, the stock's trailing-12-month levered FCF margin of 16.66% is 82.9% higher than the industry average of 9.11%.
For the fiscal 2024 second quarter that ended December 31, 2023, TRT reported revenue of $12.20 million. Net income attributable to TRT and EPS came in at $507 thousand and $0.12 for the quarter, respectively. The company's cash and cash equivalents were $10.97 million as of December 31, 2023, compared to $7.58 million as of June 30, 2023.
Shares of TRT have surged 38.3% over the past year to close the last trading session at $6.36.
TRT's bright prospects are reflected in its <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a>. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system. The POWR Ratings are calculated by considering 118 different factors, each weighted to an optimal degree.
The stock has an A grade for Momentum and Value and a B for Sentiment. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, TRT is ranked #15 out of 91 stocks.
<a href="https://stocknews.com/stock/TRT/">Click here</a> to access additional ratings of TRT for Quality, Growth, and Stability.
Stock #2: Tower Semiconductor Ltd. (<a href="https://stocknews.com/stock/TSEM/">TSEM</a>)
Headquartered in Migdal Haemek, Israel, TSEM is an independent semiconductor foundry that focuses on specialty process technologies to manufacture analog-intensive mixed-signal semiconductor devices globally. The company provides various customizable process technologies like SiGe, BiCMOS, mixed-signal/CMOS, and RF CMOS.
On February 26, 2024, TSEM and Tianyi Micro, a leading provider of micro display driver chips specializing in silicon-based micro-OLEDs and micro-LEDs, announced their strategic cooperation for developing next-generation OLED micro displays for AR/VR to cater to the Chinese and global market needs.
The strategic partnership will expand TSEM's offerings to include dedicated flows for micro display applications and address a wider customer base.
On January 16, TSEM collaborated with Renesas to manufacture siGe-based beamforming ICs for tier-1 customers in satcom, 5G, and aerospace &amp; defense applications.
"We are excited to partner with Renesas in bringing these breakthrough products to market leveraging our industry leadership in SiGe foundry technology along with their strong product development, talent and market presence," stated Dr. Marco Racanelli, President at Tower Semiconductor.
TSEM posted revenue of $351.71 million for the fourth quarter that ended December 31, 2023, and its gross profit was $84.42 million. The company's adjusted net profit and adjusted EPS came in at $60.95 million and $0.55, indicating marginal growth from the prior quarter, respectively.
In addition, TSEM's total current assets as of December 31, 2023, were $1.71 billion, compared to $1.49 billion as of December 31, 2022.
As per the company's business outlook, TSEM expects revenue of $325 million in the first quarter of 2024.
Street expects TSEM's revenue and EPS for the fiscal year (ending December 2025) to increase 11.6% and 19.3% year-over-year to $1.58 billion and $2.25, respectively. Also, the company has topped the consensus EPS estimate in all four trailing quarters, which is remarkable.
Shares of TSEM have surged 1.3% over the past month and 45.1% over the past year to close the last trading session at $31.80.
TSEM's POWR Ratings reflect its sound fundamentals. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
TSEM has an A grade for Momentum and a B for Value and Quality. It is ranked #12 out of 91 stocks in the Semiconductor &amp; Wireless Chip industry.
In addition to the POWR Ratings we've stated above, we also have TSEM ratings for Growth, Sentiment, and Stability. Get all TSEM ratings <a href="https://stocknews.com/stock/TSEM/">here</a>.
Stock #1: Amkor Technology, Inc. (<a href="https://stocknews.com/stock/AMKR/">AMKR</a>)
AMKR offers outsourced semiconductor packaging and test services internationally. It offers turnkey packaging and test services, flip-chip scale package products, flip-chip stacked chip scale packages, flip-chip ball grid array packages, and memory products.
On April 8, 2024, AMKR and Infineon Technologies AG (<a href="https://stocknews.com/stock/IFNNY/">IFNNY</a>) entered into a multi-year partnership to operate a dedicated packaging and test center at AMKR's manufacturing site in Porto, whose operations are expected to commence in the first half of 2025.
The long-term agreement will further strengthen the companies' partnership and complement AMKR's operations, enhancing supply chain resiliency for advanced products supporting automotive and industrial end markets.
On January 16, AMKR and GlobalFoundries (GF) announced their strategic partnership to strengthen the European Union automotive supply chain and expand services for global customers.
AMKR's extensive global footprint and solid European presence combined with GF's tools, processes, and expertise will enable the Porto site to help the European Union pursue its goals of ensuring supply chain stability and delivering the next-generation automotive and other critical chip solutions. This partnership will benefit both companies significantly.
For the fourth quarter, which ended on December 31, 2023, AMKR reported revenues of $1.75 billion, and its operating income was $158.66 million. In addition, net income attributable to Amkor and EPS were $117.56 million and $0.48 for the quarter, respectively.
Furthermore, the company's free cash flow increased 175.3% from the prior year's period to $534 million. Its cash and cash equivalents stood at $1.12 billion as of December 31, 2023, compared to $959.07 million as of December 31, 2022.
As per the company's business outlook, AMKR expects net sales to be $1.30 billion to $1.40 billion. Its net income is expected to be between $8 million and $48 million, or $0.03 to $0.19 per share.
Street expects AMKR's revenue for the third quarter (ending September 2024) to increase 2.2% year-over-year to $1.86 billion, and its EPS for the same period is expected to grow 22.7% year-over-year to $0.66. Furthermore, the company surpassed the consensus EPS estimates in each of the trailing four quarters.
AMKR's shares have gained 34.1% over the past six months and 29% over the past year to close the last trading session at $31.21.
AMKR's sound fundamentals are reflected in its POWR Ratings. The stock has an overall rating of B, which translates to a Buy in our proprietary rating system.
The stock has an A grade for Momentum. The stock also has a B grade for Value and Sentiment. Within the Semiconductor &amp; Wireless Chip industry, AMKR is ranked #9 out of 91 stocks.
In addition to the POWR Ratings we've stated above, we also have AMKR ratings for Growth, Stability, and Quality. Get all AMKR ratings <a href="https://stocknews.com/stock/AMKR/">here</a>.
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<hr />
NINOY shares were unchanged in premarket trading Wednesday. Year-to-date, NINOY has gained 0.36%, versus a 6.27% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Mangeet Kaur Bouns</h2> <img src='https:/wp-content/uploads/2022/01/Mangeet-Kaur-Bouns_Image-4.jpg' style="float:left; padding:5px;width:125px;">Mangeet's keen interest in the stock market led her to become an investment researcher and financial journalist. Using her fundamental approach to analyzing stocks, Mangeet's looks to help retail investors understand the underlying factors before making investment decisions.<a href="https://stocknews.com/authors/?author=mangeet-kaurbouns">More...</a>The post <a href=https://stocknews.com/news/ninoy-tsem-trt-ifnny-3-chip-stocks-to-hold-amidst-market-risks/>3 Chip Stocks to Hold Amidst Market Risks</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Chip Stocks to Hold Amidst Market Risks

Trio-Tech International (TRT) just unveiled an announcement. Ms. Siew Kuan Soon has stepped down from her role as Corporate Vice President of Trio-...

Trio-Tech International Announces Corporate Vice President Departure

The chip industry's long-term growth prospects look promising due to the increasing demand for chips and their ever-expanding applications. Hence, investors could consider buying fundamentally strong chip stocks: Trio-Tech International (TRT), United Microelectronics (UMC), and Everspin Technologies (MRAM), currently trading under $10. Read on... The chip industry is expected to grow rapidly due to increasing demand for consumer electronics, the ever-rising need for data processing, the adoption of advanced technologies like artificial intelligence and the Internet of Things, and increased digitalization initiatives across different sectors.
Given the industry's solid growth prospects, investors could consider buying fundamentally strong chip stocks: Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>), United Microelectronics Corporation (<a href="https://stocknews.com/stock/UMC/">UMC</a>), and Everspin Technologies, Inc. (<a href="https://stocknews.com/stock/MRAM/">MRAM</a>). These stocks are currently trading under $10.
After facing the challenges of weaker demand and inventory corrections in the memory and nonmemory markets in 2023, the semiconductor industry is set to recover strongly this year. The growing integration of Generative AI accelerator chips, PC and smartphone sales recovery, smart manufacturing trends, and demand from the automobile, defense, and aerospace sectors will drive growth.
The Semiconductor Industry Association (SIA) announced that global semiconductor industry sales totaled <a href="https://www.semiconductors.org/global-semiconductor-sales-increase-16-3-year-to-year-in-february/">$46.20 billion in February 2024</a>, up 16.3% year-over-year. The growing popularity of AI-powered devices and applications across multiple industries will propel the AI chip industry forward. According to DataHorizon Research's report, the AI chip market is expected to grow at a <a href="https://www.globenewswire.com/news-release/2024/04/24/2868396/0/en/AI-Chip-Market-Report-By-DataHorizzon-Research-CAGR-40-6-By-2032.html">CAGR of 40.6%</a> until 2032.
Gartner forecasts global semiconductor revenue to grow <a href="https://www.gartner.com/en/newsroom/press-releases/2023-12-04-gartner-forecasts-worldwide-semiconductor-revenue-to-grow-17-percent-in-2024">16.8% in 2024</a> to reach $624 billion. Investors' interest in chip stocks is evident from the SPDR S&amp;P Semiconductor ETF's (<a href="https://stocknews.com/stock/XSD/">XSD</a>) 27.6% returns over the past six months.
In light of these encouraging trends, let's examine the fundamentals of the three <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> stock picks, beginning with the third choice.
Stock #3: Trio-Tech International (<a href="https://stocknews.com/stock/TRT/">TRT</a>)
TRT and its subsidiaries offer manufacturing, testing, and distribution services to the semiconductor industry. The company operates through four segments: Manufacturing, Testing Services, Distribution, and Real Estate.
TRT's trailing-12-month <a href="https://www.investopedia.com/terms/r/return_on_total_assets.asp">Return on Total Assets</a> of 1.91% is 43.4% higher than the industry average of 1.34%. Its 15.81% trailing-12-month EBITDA margin is 62.9% higher than the 9.71% industry average. Also, its 0.89x trailing-12-month asset turnover ratio is 45.7% higher than the 0.61x industry average.
TRT reported revenues for the second quarter that ended December 31, 2023, at $12.20 million. Likewise, the company's net income attributable to TRT and EPS came in at $507 thousand and $0.12, respectively. In addition, as of December 31, 2023, the company's cash and cash equivalents stood at $10.97 million, compared to $7.58 million as of June 30, 2023.
Over the past year, the stock has gained 44.9% to close the last trading session at $6.20.
TRT's <a href="https://stocknews.com/powr-ratings/">POWR Ratings</a> reflect this promising outlook. It has an overall rating of B, equating to a Buy in our proprietary rating system. The POWR Ratings assess stocks by 118 different factors, each with its own weighting.
TRT has an A grade for Value and Momentum and a B for Sentiment. Within the <a href="https://stocknews.com/category/semiconductor-wireless-chip/">Semiconductor &amp; Wireless Chip</a> industry, it is ranked #15 out of 91 stocks. To see the additional ratings of TRT for Growth, Stability, and Quality, <a href="https://stocknews.com/stock/TRT/">click here</a>.
Stock #2: United Microelectronics Corporation (<a href="https://stocknews.com/stock/UMC/">UMC</a>)
Headquartered in Hsinchu City, Taiwan, UMC operates as a semiconductor wafer foundry in Taiwan, Singapore, China, Hong Kong, Japan, the United States, Europe, and internationally. The company provides circuit design, mask tooling, wafer fabrication, and assembly and testing services. It serves fabless design companies and integrated device manufacturers.
UMC's trailing-12-month EBIT margin of 24.59% is 419.5% higher than the 4.73% industry average. Its trailing-12-month EBITDA margin of 42.12% is 333.8% higher than the 9.71% industry average. Additionally, its 7.96% trailing-12-month Return on Total Capital is 244% higher than the 2.31% industry average.
For the fiscal first quarter that ended March 31, 2024, UMC's operating revenue rose marginally year-over-year to NT$54.63 billion ($1.68 billion). The company's gross profit came in at NT$16.90 billion ($518.45 million). Its net income and EPS amounted to NT$10.46 billion ($320.78 million) and NT$0.84 per share, respectively.
As of March 31, 2024, UMC's total current liabilities stood at NT$88.40 billion ($2.71 billion), compared to NT$105.89 billion ($3.25 billion) as of March 31, 2023.
For the quarter ending September 30, 2024, UMC's revenue is expected to increase 7% year-over-year to $1.88 billion. Its EPS for the quarter ending December 31, 2024, is expected to grow 17.2% year-over-year to $0.20. It surpassed the consensus EPS and revenue estimates in each of the trailing four quarters.
Over the past six months, the stock has gained 3.7% to close the last trading session at $7.55.
UMC's strong fundamentals are reflected in its POWR Ratings. It has an overall rating of B, which equates to a Buy in our proprietary rating system.
It is ranked #12 in the same industry. It has an A grade for Momentum and a B for Value and Quality. <a href="https://stocknews.com/stock/UMC/">Click here</a> to see the UMC's Growth, Stability, and Sentiment ratings.
Stock #1: Everspin Technologies, Inc. (<a href="https://stocknews.com/stock/MRAM/">MRAM</a>)
MRAM manufactures and sells magnetoresistive random access memory (MRAM) products, including Toggle MRAM, spin-transfer torque MRAM, and tunnel magnetoresistance sensor products. The company serves original equipment, contract, and design manufacturers.
MRAM's trailing-12-month EBIT margin of 9.23% is 94.4% higher than the industry average of 4.73%. Its 19.55% trailing-12-month Return on Common Equity is 470.9% higher than the 3.42% industry average. Additionally, its 14.20% trailing-12-month net income margin is 453.3% higher than the 2.57% industry average.
In the first quarter that ended March 31, 2024, MRAM's revenue came in at $14.43 million. Its adjusted EBITDA stood at $1.91 million. As of March 31, 2024, the company's total current liabilities stood at $5.90 million, compared to $8.78 million as of December 31, 2023. In addition, its total current liabilities stood at $10.38 million, compared to $13.38 million for the same period.
Analysts expect MRAM's revenue for the fiscal year ending December 31, 2025, to increase 16.6% year-over-year to $70 million. It surpassed EPS estimates in three of the trailing four quarters. MRAM's shares have gained 18% over the past year, closing the last trading session at $7.49.
It's no surprise that MRAM has an overall A rating, equating to a Strong Buy in our POWR Ratings system.
It has an A grade for Value and Sentiment and a B for Momentum and Quality. It is ranked first in the Semiconductor &amp; Wireless Chip industry. Beyond what is stated above, we've also rated MRAM for Growth and Stability. Get all MRAM ratings <a href="https://stocknews.com/stock/MRAM/">here</a>.
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UMC shares were trading at $7.79 per share on Thursday morning, up $0.24 (+3.18%). Year-to-date, UMC has declined -7.92%, versus a 6.01% rise in the benchmark S&amp;P 500 index during the same period.
<hr><div style="clear:both;"></div> <h2>About the Author: Rashmi Kumari</h2> <img src='https:/wp-content/uploads/2022/10/Rashmi-Kumari_headshot_2-1.jpg' style="float:left; padding:5px;width:125px;">Rashmi is passionate about capital markets, wealth management, and financial regulatory issues, which led her to pursue a career as an investment analyst. With a master's degree in commerce, she aspires to make complex financial matters understandable for individual investors and help them make appropriate investment decisions.<a href="https://stocknews.com/authors/?author=rashmi-kumari">More...</a>The post <a href=https://stocknews.com/news/umc-mram-trt-3-chip-stocks-trading-at-attractive-prices/>3 Chip Stocks Trading at Attractive Prices</a> appeared first on <a href=https://stocknews.com/>StockNews.com</a>

3 Chip Stocks Trading at Attractive Prices

Trio-Tech GAAP EPS of $0.02, revenue of $10.4M

<a href="https://investorplace.com">InvestorPlace - Stock Market News, Stock Advice &amp; Trading Tips</a>
Trio-Tech Intl (NYSEMKT:<a href="https://investorplace.com/stock-quotes/trt-stock-quote/">TRT</a>) just reported results for the third quarter of 2024.<ul><li>Trio-Tech Intl reported earnings per share of 2 cents.</li><li>The company reported revenue of $10.40 million.</li></ul><div>InvestorPlace Earnings is a project that leverages data from <a href="https://www.tradesmith.com">TradeSmith</a> to automate coverage of quarterly earnings reports. InvestorPlace Earnings distills key takeaways including earnings per share and revenue, as well as how a company stacks up to analyst estimates. These articles are published without human intervention, allowing us to inform our readers of the latest figures as quickly as possible. To report any concerns or inaccuracies, please contact us at <a href="mailto:editor@investorplace.com">editor@investorplace.com</a>.</div><h3>More From InvestorPlace</h3>
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	The post <a href="https://investorplace.com/earning-results/2024/05/trt-stock-earnings-trio-tech-intl-for-q3-of-2024/">TRT Stock Earnings: Trio-Tech Intl Reported Results for Q3 2024</a> appeared first on <a href="https://investorplace.com">InvestorPlace</a>.

TRT Stock Earnings: Trio-Tech Intl Reported Results for Q3 2024

Reports Q1 revenue $ $9.80M vs. $9.97M last year.S.W. Yong, Trio-Tech's (TRT) Chairman & CEO, said, "Starting from the first quarter of fiscal 2025...

Trio-Tech reports Q1 EPS (6c) vs.  5c last year

Trio-Tech GAAP EPS of -$0.06, revenue of $9.79M

AMAT

IFNNY

MRAM

NINOY

TSEM

Press Releases

Trio-Tech Reports Second Quarter Results

Trio-Tech Reports Improved Third Quarter Results

Trio-Tech Fourth Quarter Net Income Improves to $0.06 from $0.04 Per Diluted Share

Trio-Tech Reports $133,000 Operating Profit in First Quarter 2025 Financial Results

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