While it’s a cynical play, these chipmakers are profiting from unprecedented circumstances
If you’ve been paying attention to used car prices, you might have noticed that the sector has been on a yo-yo since the novel coronavirus upended our lives. During last year’s spring doldrums, many anticipated a recessionary slump hurting the secondhand car market. This year, though, prices have soared — and semiconductor stocks are potential key beneficiaries.
True, circumstances surrounding the global health crisis are uncertain. Right now, the mainstream media is focused on the delta variant of the SARS-CoV-2 virus, which has seen a worrying rise in cases. While there’s always the possibility that the infection rate could burn out as with previous waves, you just never know with Covid-19. What we do know is that we’ve got to move forward. Unfortunately for those looking to purchase used cars, that can’t happen without the underlying commodities driving semiconductor stocks.
The post 7 Semiconductor Stocks To Buy For An Ongoing Chip Shortage appeared on Dynamic Wealth Report.