Never mind Microsoft and Alphabet. This is a more ominous sign for technology.

In a big week in terms of tech earnings, the most notable results may come from a South Korean-based memory maker and another little-known American chip company.

While much of the attention is focused on earnings and disappointing prospects from

Microsoft

(code:

MSFT

) and

Alphabet

(

GOOGLE

), investors should not ignore reports from two other semiconductor companies—

SK Hynix

and

Texas Instruments

(

TXN

). The duo could provide more insight into what’s next for the tech industry and the economy.