1 Red-Hot Semiconductor Stock That Just Crushed Earnings
Semiconductor shortages have dominated headlines in the business world this year. Manufacturers of consumer goods across the globe are struggling to meet their production targets because they can't get their hands on enough computer chips.
New cars are one enormous source of demand for semiconductors, especially with the growth of electric vehicles, and dealer lots are currently running on a fraction of the inventory they need to meet demand.
The issue has pushed consumers into the used car market, sending prices soaring 24.4% on average over the last 12 months. But semiconductor-service powerhouse Cohu (NASDAQ: COHU) is helping to alleviate these supply pressures, and it just delivered another big quarterly result. Here's how.
Source Fool.com