This Chip Stock Could Win Big From 5G

The addition of Huawei to the U.S. government’s Entity List meant that Analog lost the ability to sell its products and technology to the Chinese tech giant, which led it to cut its fiscal 2019 third-quarter guidance. Analog now forecasts its top line will fall nearly by 8% year over year during the current quarter, while its earnings are expected to shrink to $1.22 per share from $1.53 per share a year ago.

By Harsh Chauhan

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