The global chip shortage rages on, and some predictions indicate supply and demand will not reach balance until 2023.
For some chip stocks, though, the shortage of tech hardware and soaring prices hasn’t led to a windfall. Two stocks in the industry that have struggled this year are ACM Research (NASDAQ:ACMR) and Intel (NASDAQ:INTC).
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RBA Holds Rates Steady, Signals Prolonged Tight Monetary Policy Amid Persistent Inflation
The Reserve Bank of Australia (RBA) maintained its benchmark interest rate at 4.35% on Tuesday, …