News Formal

How the Chips Act Could Benefit Tech Stocks and Investors

  • 📰 WSJ
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

So, what’s the hope for tech stocks? The sector—semiconductors in particular—got a boost from Washington this summer.

Heather Ainsworth for The Wall Street JournalThis has been a rough year for tech stocks—but there could be reason to hope for long-term growth.

Market volatility, supply-chain issues and rising inflation have all contributed to the selloff. Morningstar research also suggests that big tech companies could see a significant hit to third-quarter earnings as a strong dollar eats into profits from abroad.

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:

 /  🏆 98. in US
 

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

There's a glut of semiconductors. Why are we exactly investing government money in the chipmakers Seriously

So, Washington politicians killed that market, now they want to spend taxpayers money to bring it back.

Follow the money into Democrat campaign from chip makers.

hopeless projects

United States United States Latest News, United States United States Headlines

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

President Biden Continues San Diego Visit at Carlsbad Tech CompanyPresident Joe Biden is set to wrap up a 19-hour visit to San Diego Friday by speaking at a technology company that will benefit from passage of the CHIPS and Science Act and having more chips being made in America. Desecrating the hallowed runways of MCAS Miramar. A, “tech company.” 👌 He couldn’t fill have the gymnasium 🤣
Source: nbcsandiego - 🏆 524. / 51 Read more »