Beaten Up Stocks That Have our Attention
The Canadian Investor
00:00
Semi Conductors
Taiwanese semi conductors produce 80, 90% of the top performing chips in the world. They really spend crazy amounts in capital expenditures to keep their number one position. The only reason I think that the stock is really being slaughtered here is the whole Taiwan question,. So you have a lot of tension with China, the US obviously saying they would defend Taiwan if China were to invade. And then you mix in people in the space hinting at real cyclicality and a downturn for demand for semis. You have this like perfect storm of just unloved security.
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