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    Are semiconductor stocks coming back?Semiconductor stocks have come back in a huge way. After losing more than 35% in 2022, the Philadelphia Semiconductor Index (SOX) posted gangbuster returns of 67.13% in 2023 and 17% YTD as of May 15. This pattern of returns shows how volatile — and potentially profitable — the sector can be.
    Will China's new semiconductor law Increase reliance on Asia's chips?The country currently produces only about 10% of the world’s semiconductors, but this law aims to increase that number and reduce reliance on chips imported from Asia. This bill, along with the insatiable global demand for chips, could represent a significant opportunity for semiconductor stocks.
    Is the semiconductor industry a smoke screen?According to the Semiconductor Industry Association (SIA), global semiconductor revenues last year came in at $526.8 billion, an 8.2% drop year-over-year (YOY). The statistic reveals a rather deceptive façade, a mere smoke screen, masking underlying sector troubles.
    Why are semiconductor chips called semis?Semiconductor companies produce chips that are used in a wide range of electronic devices, from laptops and gaming consoles to smartphones and even cars. These chips are known as “semis” because they have greater conductivity than an insulator but more than a true conductor.
     
  4. WASHINGTON—May 8, 2024—The Semiconductor Industry Association (SIA), in partnership with the Boston Consulting Group (BCG), today released a report on the global chip supply chain that projects the United States will triple its domestic semiconductor manufacturing capacity from 2022—when the CHIPS and Science Act (CHIPS) was enacted—to 2032.
    www.semiconductors.org/america-projected-to-triple-semiconductor-manufacturing-capacity-by-2032-the-largest-rate-of-growth-in-the-world/
    www.semiconductors.org/america-projected-to-triple-semiconductor-manufacturi…
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