The outlook for the semiconductor sector is moving from bad to worse, and investors appear to be moving their money into the software sector as a result.
Pessimism about the future of the chip sector has been growing after a mixed round of forecasts in the second quarter, with analysts signaling that the pandemic-driven boost in sales amid supply problems may dry up. They fear that customers overbought during the supply-chain frenzy, which would lead them to halt purchases because they…
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