Semiconductors are in a bit of a gully right now. IDC predicted last week that after three consecutive years of growth, the market . Ironically, chip shortages have in part led to slower growth in certain markets. Unsurprisingly, NAND prices have plummeted, and there’s even mention that Intel will see declines in its datacenter business. Earnings in the category have also been mixed, leading equities analysts to downgrade certain companies, if not the entire category. Those who have been more optimistic about the category seemed to pin their hopes on a new trade deal with China. With such hopes fading quickly, it certainly puts a dark cloud over the entire industry.
So, in the short term, some investors may take pause. It’s