Pessimism on chip stocks is hitting a new high, and the money seems to be flowing toward software

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…

>>>read full article here<<<