@Bunifa Latif:$Qualcomm(QCOM)$Inventor of mobile communication standards secures market leadership: Qualcomm has been leading the development for mobile communication standards and owns multiple patents and intellectual property across 5G/4G/3G standards. Besides monetizing the technology know how through licensing, Qualcomm also offers various connectivity solutions and products for smartphone makers, automotive customers, Internet of Things device makers and companies in the networking industries. It is No.1 in the supply of radio frequency + modem chips and No.2 in the supply of processor chips for the smartphone industry. It is the market leader in the supply of telematics solutions to the automotive industry and is building out the connected car ecosystem.

@koolgal:Semiconductor stocks performance is the key barometer for the broader market and economy.  Chips are used in appliances, data centres, gaming, EVs and even artificial intelligence.Have the semiconductor stocks bottomed yet?  In my humble opinion NO.With inflation at all time high, rising interest rates, the war in Ukraine, increasing oil prices, the global economy is slowing down.  Hence there is lesser demand for chips.However there are still demand for chips especially in the EV industry.  Elon Musk said that his gigafactories in Austin and Berlin are "burning furnaces" due to supply constraints of raw materials especially chips.Data centres are still humming along as their demand for chips continue to grow. I like