Supply crisis warning: semiconductor stocks may be at their peak
Software stocks slid heavily overnight, dragging down the broader US market, and bleeding into the Australian open. The standout US sector is semiconductors, ripping up an astonishing 30% in value so far in April. But the heat of that rise, and unquenchable demand for semiconductors and computer chips, is becoming a problem, with the bull run looking unsustainable.
Watchlist: Texas Instruments, IBM, Cochlear
Check out these stocks: www.moomoo.com/quote
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.