As the U.S. government inches closer to funding a batch of incentives and subsidies designed to spur domestic semiconductor manufacturing and research, a J.P. Morgan analyst has figured out which stocks could stand to gain the most from it.
According to J.P. Morgan chip analyst Harlan Sur, it’s likely that funding for those programs may be included in President Joe Biden ‘s infrastructure bill, one of the next priorities for the administration. Sur expects the “Build Back Better” infrastructure plan to pass in the first half of the year, resulting in funding starting in the second half of 2021.
Based on the current language in the National Defense Authorize Act, Sur wrote in a note published on Monday that he expects integrated device manufacturers based in the U.S. will likely be prioritized when it’s time to dole out funds and incentives. Companies that make chip manufacturing equipment such as Applied Materials and Lam Research should also receive a lift because of higher equipment purchasing resulting from the incentives.
Intel is going to be the real winner. Considering my avg is 48. I've been buying since their 52wk low, when everyone left them as dead. Lol
𝗜 𝗸𝗲𝗲p 𝘁𝗲𝘀𝘁𝗶𝗳𝘆𝗶𝗻𝗴 𝘁𝗼 𝘆𝗼𝘂𝗿 𝗴𝗼𝗼𝗱 𝘄𝗼𝗿𝗸 𝗶𝗻 𝗳𝗼𝗿𝗲𝘅 𝗼𝗽𝘁𝗶𝗼𝗻 𝘁𝗿𝗮𝗱𝗶𝗻𝗴 𝗜 𝗶𝗻𝘃𝗲𝘀𝘁𝗲𝗱 $800 𝗮𝗻𝗱 𝗶 𝗴𝗼𝘁 𝗮 𝗽ro𝗳𝗶𝘁 𝗼𝗳 $9,550 𝗶𝗻 7𝗱𝗮𝘆𝘀 𝗼𝗳 𝘁𝗿𝗮𝗱𝗶𝗻𝗴. 𝗔𝗹𝗹 𝘁𝗵𝗮𝗻𝗸𝘀 𝘁𝗼 marvelousArthur
Not clicking the link but any chance I could get a heads up before the next $GME flash crash? Thx
Was already long $MU as a 5G play.
$TXN is a no brainer.
I am looking for new, good friends