Chipmakers are the biggest winner in tech - here's why
Oak Associates Co-CIO, Robert Stimpson, breaks down the outlook for the semiconductor space.
You can watch the full interview here.
Key takeaways
00:04: What people forget about the chip space
00:15: The appetite for semiconductors
Video Transcript
ROBERT STIMPSON: Well, we do like the semi-conductor space. People forget it's a boom and bust cycle in semiconductors. And we had some supply disruptions during the pandemic, but valuations have contracted sharply. China is reopening. The appetite for semiconductors is still very strong. So as an industry, there's some inventory that needs to be worked off in some of the more industrial automotive and PC names. But it's still a growth industry that you can get access to at a much more reasonable valuation, knowing that has a long tail of growth behind it.
