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3 Semiconductor Stocks That Could Help Set You Up for Life

·5 min read
3 Semiconductor Stocks That Could Help Set You Up for Life

Many semiconductor stocks slumped this year as investors fretted over concerns about slowing sales of PCs and smartphones, the potential overproduction of chips in response to the global chip shortage, and more conservative enterprise spending in a tougher macro environment. As a result, the Philadelphia Semiconductor Sector index has declined about 24% this year as the S&P 500 retreated just 12%.