Analysts pick 4 high-performance semiconductor stocks to play the booming market

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The Taiwan-based analysts say there's 'booming demand for high-performance chips' and reveal their favorite stocks to buy.

Analysts at an Asian brokerage and investment group have picked four semiconductor stocks to play the "booming demand" for high-performance chips. "This old semiconductor migration locomotive still has steam in it yet, even amid the current industry downcycle, thanks to booming demand for high-performance chips,"

is CLSA's broker-dealer and research provider in Taiwan. Semiconductors are used in products like tablets and smartphones, and the Covid-19 pandemic led to high demand for such goods, resulting in a shortage of some types of chips. Since then, supply and demand have become more balanced . and NAND through successful migration to advanced manufacturing processes thanks to its ongoing R & D investments," the analysts said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The chart that's got technical analysts worried about this marketTwo growth funds that have been key to this year's market rally are showing signs of exhaustion, technical experts warn.
Source: CNBC - 🏆 12. / 72 Read more »