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Getting technical: Chips break UP—Intel, Nvidia, Micron, TI, Broadcom, Micron and 'many, many others,' says Commandant Lassard

Yahoo Finance's Jen Rogers and Jared Blikre break down the bullish and bearish case in the VanEck Vectors Semiconductor ETF (SMH), building on their April 26 presentation, wherein Jared's shirt was also purple.