1 Monster Opportunity in the Global Chip Shortage
Semiconductors have been hard to come by since the COVID-19 lockdowns started a chain reaction of supply side shortages. Three years later, executives across the chip sector largely agree that the tight supply should ease up before the end of 2023.
At the same time, major microchip consumers such as automakers and credit card issuers are still wading through molasses and expect the supply chain to remain disrupted until the second half of the year or even longer.
On that note, many semiconductor stocks have endured dramatic price cuts over the last year. Every low-priced ticker isn't an automatic winner, but some are spring-loaded to deliver amazing returns once the macroeconomic pressure and supply chain strangulation are sorted out. In particular, I'm excited about the potential energy stored in MaxLinear's (NASDAQ: MXL) deeply discounted shares.
Source Fool.com
