What is everyone’s thoughts on these types of chip stocks? They are down significantly from a few months ago.
There is still a chip shortage that is expected to continue through 2023. Seems like the hunger for chips is only going to intensify with newer technology requirements for them such as automotive companies pumping out EVs.
Then there is also CHIPS and FABS legislation
CHIPS and FABS which seems amazing for companies in the industry.
Recently AMD destroyed earnings and was up after hours only to sink today probably due to interest rate hike concerns.
What is your take on chip stocks? Are you buying/holding/selling? Why?
I myself bought these stocks and will buy more if they discount further.
Thoughts?
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