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The Nasdaq is selling off hard, as Inc. (AMZN) - Get, Inc. Report and Alphabet Inc. (GOOGL) - Get Alphabet Inc. Class A Report issued disappointing earnings reports. Among the losers in the rubble of the selling are three big names in the semiconductor space. Western Digital Corp. (WDC) - Get Western Digital Corporation Report was one of the most injured, losing as much as 20% Friday, as the Nasdaq plummeted almost 2%. 

Tons of big names, tech and non-tech, plunged after issuing better-than-expected earnings and descent guidance, but Western Digital had an even rougher go of it. Not only did it fall short of earnings per share estimates, posting $3.04 compared to an expected $3.06 a share, and revenue of $5.03 billion compared to an expected $5.14 billion, but it cast a huge shadow of doubt ahead. Management said the company will cut its flash output for 2019 amid oversupply in the global chip market, an imbalance that first hit the industry this year in September

Advanced Micro Devices Inc. (AMD) - Get Advanced Micro Devices, Inc. Report also fell 9% Friday afternoon. AMD reported an earnings beat but poor guidance Wednesday. Revenue came in $40 million stronger than estimates at $1.76 billion. Earnings per share were 14 cents, beating estimates of 13 cents. Guidance was poor, as AMD projected 8% year-over-year revenue growth for the fourth quarter, lower than Wall Street had expected. The stock fell immediately after the earnings print, and was one of Friday's casualties in what has become broader market mayhem. 

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Nvidia Corp. (NVDA) - Get NVIDIA Corporation Report is another loser in the broader selloff, down more than 5% Friday. The chipmakers who have reported earnings may be casting doubt on Nvidia's upcoming Nov. 15 earnings report, as the disappointing results for Nvidia's peers don't seem to be about market share, but rather broader industry concerns.

The one bright spot in semiconductors: Intel Corp. (INTC) - Get Intel Corporation (INTC) Report , which rose more than 3% Friday. Its earnings print encouraged investors. Intel released earnings of $1.40 per share on revenue of $19.16 billion, beating estimates of $1.15 per share on revenue of $18.13 billion. What really drove the share gains hard was upbeat guidance. Intel raised full-year revenue estimates to $71.2 billion from $69.5 billion, and full-year EPS estimates to $4.53 per share from $4.15 per share. 

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