Zacks Equity Research
Date: May 12, 2020
Chicago, IL – May 12, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Taiwan Semiconductor Manufacturing Co. TSM, Nvidia NVDA, AMD AMD, Qualcomm QCOM and Broadcom AVGO.
Here are highlights from Monday’s Analyst Blog:
Chip Stocks Driving "The New Normal"
Chipmakers are at an exciting and highly uncertain inflection point right now. 5G technology is just beginning to ramp-up, and datacenters giants are starting to hyperscale again as demand for cloud technology swells in the face of the global pandemic. Chipmakers are facing supply chain issues with economic shutdowns across the globe, but investors are hoping this remains a short-term problem.
On-Shoring Manufacturing
Both the Trump administration and US-based semiconductor businesses are working to reduce their reliance on Asian-based manufacturers for the fabrication of their integrated-circuits. The US government is in talks with chip pioneer Taiwan Semiconductor Manufacturing Co., the largest and most innovation-focused chip fabricator in the world, among others, to set up cutting-edge manufacturing plants in the US. [FULL STORY]
