Tag: Taiwan Semiconductor

  • Top Reasons to Own Advanced Micro Devices Heading into 2023

    Top Reasons to Own Advanced Micro Devices Heading into 2023

    Shares of tech giant Advanced Micro Devices (AMD) were crushed this year. After starting the year around $151, it sank to a low of about $57.  All thanks to broad market weakness, inflation, fears of recession, price target cuts, plunging PC demand, you name it.  That’s the bad news.  The good news is the future…

  • Apple News is Taking a Bite Out of Chip Stocks

    Apple News is Taking a Bite Out of Chip Stocks

    Investors may want to avoid chip stocks at the moment. All after Apple said it would scrap plans to increase production of its iPhones thanks to weaker than expected demand.  STMicro (STM), where Apple accounted for 20% of the company’s 2021 revenue, was down about 6% in pre-market.  Taiwan Semiconductor (TSM) was also down about…