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QCOM Jan 2025 55.000 call

OPR - OPR Delayed Price. Currency in USD
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112.980.00 (0.00%)
As of 01:11PM EDT. Market open.
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Previous Close112.98
Open112.98
Bid117.45
Ask120.95
Strike55.00
Expire Date2025-01-17
Day's Range112.98 - 112.98
Contract RangeN/A
Volume1
Open Interest34
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    The chip sector is undergoing a sector-wide correction as concerns grow around slowing demand for the products. Moor Insights and Strategy Founder and CEO Patrick Moorhead discusses why he believes markets are getting "ahead of [themselves] with some of the doom and gloom." Moorhead notes "there's still this insatiable need" for semiconductor products, saying consumers "just can't get enough." He notes that oftentimes the products require a pairing across companies, so the demand is still there. While uncertainty persists around headwinds such as inflation and geopolitical tensions, he says this has forced investors to adopt "a wait-and-see attitude" in regard to the sector. When asked if he believes markets are overreacting Moorehead tells Yahoo Finance: "I think this is just a cautious blow." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance. This post was written by Angel Smith

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