Why Many Semiconductor Stocks Were Down Last Week
Despite the continuous chip shortage, 2022 has not been a great year for the semiconductor industry. Today's video focuses on popular stocks like Nvidia (NASDAQ: NVDA), Taiwan Semiconductor (NYSE: TSM), Intel (NASDAQ: INTC), and Qualcomm (NASDAQ: QCOM), which are all down over 20% year to date due to downgrades and the increased risk of consumer spending decreasing. Still, there is some good news: TSM issued its monthly report, and it continues to show strong growth. Here are some highlights from the video.
Click the video below for my full thoughts and analysis.
*Stock prices used are from April 8, 2022. The video was published on April 8, 2022.
Source Fool.com
