Semiconductor Watchlist: AMD, ASML, AMAT, SMH and More
0
Published by
The Street
The Street
By Brian O’Connell Chips slip to start year, but driving forces for industry remain well entrenched. The benchmark PHLX Semiconductor Index (SOX) is in retreat in early 2022, down about 2% through January 11. The index is still up about 30% over a one-year timeframe. No doubt about it, 2022 should be an interesting year for semiconductors, as many investors play a game of chicken with chip stocks, holding on as long as they can with chip demand so high due to supply shortages. When that ends, the industry likely returns to normal and semiconductor prices should moderate. As usual, the timeline…