Deutsche Bank, the first major bank to predict a US recession in the current inflationary era, now sees a chance that price gains won’t come off nearly as much as forecasters or Federal Reserve policy makers think they will. Deutsche Bank DB, -2.61% Macro strategist Tim Wessel said in a phone interview on Wednesday that…
More than 120 companies including Intel, Nvidia and Texas Instruments recently signed a letter urging Congress to accelerate negotiations to get a bill passed that would massively scale chipmaking in the US. The group of A-list companies, which also includes Amazon AMZN and Microsoft MSFT, design, manufacture or provide critical infrastructure to the semiconductor industry….
Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology – semiconductors – is vital not only to the technology sector in the stock market but to the global economy and industries from cars to computers. The…
Read More “Opinion: As tech melts down, a truth remains: Semiconductors are eating the world” »
