Surging stock prices, rising demand, and a handful of big-time IPOs. This certainly doesn’t look like a market that’s being affected by the Fed’s path to higher rates. For the semiconductor stocks, higher rates don’t seem to matter. There are too many tailwinds propelling the sector.
The best part is that many of these tailwinds are just getting started.
From onshoring, A.I. demand, and continued adoption of the cloud, the chipmakers have a lot going for them. For investors, the sector could be one of the best plays in tech, as it continues to pay big dividends and other shareholder rewards. All in all, the sector could be a big time buy for the long haul.
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