Newer and smaller semiconductor companies with major growth potential are constantly emerging.

Along with posting strong results and guidance, Applied offered upbeat commentary about expected 2021 chip equipment demand.

Jim Cramer describes the worst ways to buy stocks and his seven rules for better investing. Oh, and tune out the tweets.

Micron's earnings report and Xilinx's guidance hike are giving a lift to chip equipment makers and telecom chip suppliers, among others.

Several tech sub-sectors have sat out this year's rally. In some cases, that presents opportunities.

"Supply chain challenges and persistent delays significantly limited the brand's responsive abilities" to changing consumer trends, CEO Sonia Syngal told investors Thursday.

"We believe the slowdown was caused by the spending pressure our consumers felt from higher gas prices and broader inflation," said CEO Bruce Thorn.

Costco took in $984 million in new membership fee in its fiscal third quarter, helping the bulk retailer top Street forecasts for topline revenues.