Good morning!
Semiconductor industry is seeing
growth, even in this downturn markets.
We are not dealing directly with consumers, we are dealing with other businesses, and this industry seem to be not as affected.
Money flowing in the sector on stocks too, except a trade where Warren Buffett sold 80% (or more? I don't have exact %) of his stake in TSMC, but that could be because of heavy investment by US in semiconductors and he sees opportunity elsewhere.
$20b chip manufacturing megacentre by Intel near Columbus.
Revenue, earnings, and gross margin on semiconductor companies continue to rise.
One thing for sure, the
semiconductor and AI are the next big things.
Hopefully our partnerships with top tier companies take us home.