CNBC Pro

Goldman cuts chip sector EPS estimates, downgrades several semi stocks on 'challenging' economy

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC's San Francisco bureau on November 21, 2019.
Jacob Jimenez | CNBC

Goldman Sachs cut the earnings estimates across the chip and chip-equipment sector on Monday, citing a "more challenging macro backdrop."

More In Street Calls

CNBC ProWall Street analysts are getting bullish on these 'under-the-radar' stocks
CNBC ProBofA upgrades Alliant Energy to buy, saying it will benefit from climate bill
CNBC ProHere are Friday's biggest analyst calls: Rivian, Oracle, Teladoc, Bed Bath & Beyond, Walmart & more