Semiconductor Stocks Soar as Chip Shortage Persists

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Semiconductor stocks are soaring as the chip shortage persists, with shares of Nvidia, Qualcomm and AMD all up more than 30% over the past month

The global chip shortage has been bad news for people trying to buy cars and companies looking to manufacture appliances. But it has been great news lately for investors in semiconductor stocks, some of which have been performing at the top of the S&P 500 over the past month.

Shares of Qualcomm Inc. and Nvidia Corp. have gained 43% over the past month, while shares of Advanced Micro Devices Inc . have added 33%. The S&P 500, by comparison, has risen 4.9% over that time.

 

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superiorhoneyi2

See? Capitalism works

I don’t think AMD actually makes its own chips.

Long overdue for a pc build, I literally would spend half the price in the video card alone. The card I bought 5 years ago is worth MORE now even though it’s like 2 generations old. Cool.

Why is there a chip shortage?

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