These semiconductor stocks might benefit the most from Biden’s spending plan

Market Wacth2021-04-02

The news about President Biden’s massive spending plans highlights infrastructure. But U.S. semiconductor companies may see a big benefit, and stocks in the sector are already starting to perk up.The ...

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Kah
·2021-04-05
Go go go. Pls like and comment
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Macrowave
·2021-04-03
Semicon ftw
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1
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Paulyang
·2021-04-03
Semiconductor will have a bright future for sure, what do you think?
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2
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- Paulyang:
  Good idea!
  2021-04-05
  Reply
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- CubTrader:
  Can get One Of semicond Stock to diversify
  2021-04-05
  Reply
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SSVC
·2021-04-03
Yeah Appreciate your comments and response Thanks
Reply
4
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- SSVC:
  [强][握手]
  2021-04-04
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- deeplearning:
  done, please like and reply~
  2021-04-03
  Reply
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MikeYeo
·2021-04-02
Like please!
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1
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RichEmo
·2021-04-02
Cool
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Khoo12
·2021-04-02
Yeah
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DenDenBear
·2021-04-02
Comment and like thanks
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1
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- DenDenBear:
  Ding Ding
  2021-04-05
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- 滚筒:
  ding
  2021-04-04
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AngelAw
·2021-04-02
Tax will increase in US[流淚]
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keew
·2021-04-02
Nice
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1
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Jfierydragon
·2021-04-02
Great
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- Andrewsssss:
  Ok
  2021-04-02
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JohanS
·2021-04-02
Best
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TripleWin
·2021-04-02
Great news
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Aeron2020
·2021-04-02
True
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sugizoi4u
·2021-04-02
TSM is a strong play
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1
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Bodoh
·2021-04-02
Might
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bzlim
·2021-04-02
Tsmc is still a strong contender.
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1
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QqxD
·2021-04-02
Worth reading
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Bibop
·2021-04-02
Is this for real? Or really jus a positive news?
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adrxps
·2021-04-02
?
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But U.S. semiconductor companies may see a big benefit, and stocks in the sector are already starting to perk up.The ...</p>\n\n<a href=\"https://www.marketwatch.com/story/semiconductor-stocks-are-getting-a-lift-from-bidens-big-spending-plan-11617274965?mod=home-page\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QCOM","symbol_name":"高通","start_time":0,"source_url":"https://www.marketwatch.com/story/semiconductor-stocks-are-getting-a-lift-from-bidens-big-spending-plan-11617274965?mod=home-page","article_id":"1117428745","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1117428745","pubTimestamp":1617326984,"sourceInfo":{"source_id":"lsy1604288433698","name":"Market Wacth"},"weMediaInfo":null,"summary":"The news about President Biden’s massive spending plans highlights infrastructure. 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SOXX tracks the PHLX Semiconductor IndexSOX,+3.69%.Among the 30 stocks, 15 are down at least 10% from Feb. 16, when SOXX hit its all-time high.Biden’s spending planIn February, the Semiconductor Industry Association’s (SIA) board of directors, which includes CEOs or senior executives of Advanced Micro Devices Inc.AMD,+3.30%,Nvidia Corp.NVDA,+3.47%,Qualcomm Inc.QCOM,+3.92%,Intel Corp.INTC,+0.86%,Texas Instruments Inc.TXN,+1.62%and others, sent a letter to Biden.They wrote that the U.S. market share of global computer chip manufacturing had “steadily declined” to 12% from 37% in 1990. The SIA board said the loss of market share was largely the result of significant government investment in the semiconductor industry in other countries, while there was none in the U.S. (You can read the entire letterhere.)And now the president is trying to give the U.S. semiconductor industry what it wants. SIA CEO John Neuffer said in a statement on March 31 that Biden’s spending program “would invest ambitiously in U.S. semiconductor workers, manufacturing and innovation — three cornerstones of America’s strength and its future.”Investment strategists at Bank of America included chip makers in theirlistof companies that could benefit from the Biden plan.The spending package would include$50 billionfor the American semiconductor industry amid a worldwide shortage of chips. In addition, $174 billion would be set aside to help the U.S. “win” the worldwide competition for dominance in the electric-car industry. This would obviously help Tesla Inc.TSLA,-0.93%,but it would also support manufacturers of the myriad computer chips used in the vehicles.Chip stocks pare gainsThis table shows the 15 semiconductor-industry stocks among the SOX 30 that have declined the most since the close on Feb. 16, the day SOXX hit its all-time high:Wall Street’s favorite semiconductor stocksHere are the 15 SOXX stocks with the most 12-month upside potential implied by consensus price targets among analysts polled by FactSet:The table includes forward price-to-earnings ratios. In comparison, the forward P/E ratio for SOXX is 22.7 and the forward P/E for the SPDR S&P 500 ETF TrustSPY,+1.08%is 21.8.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":349830427,"gmtCreate":1617586238369,"gmtModify":1704700567469,"author":{"id":"3574051403520128","authorId":"3574051403520128","name":"Kah","avatar":"https://static.tigerbbs.com/8152bf26b25a543a305f21dbe90acf14","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574051403520128","authorIdStr":"3574051403520128"},"htmlText":"Go go go. Pls like and comment","listText":"Go go go. Pls like and comment","text":"Go go go. Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349830427","repostId":1117428745,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":340491086,"gmtCreate":1617444487345,"gmtModify":1704699760541,"author":{"id":"3571353525514733","authorId":"3571353525514733","name":"Macrowave","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3571353525514733","authorIdStr":"3571353525514733"},"htmlText":"Semicon ftw&nbsp;","listText":"Semicon ftw&nbsp;","text":"Semicon ftw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340491086","repostId":1117428745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":340257004,"gmtCreate":1617421428308,"gmtModify":1704699581133,"author":{"id":"3573356109011085","authorId":"3573356109011085","name":"Paulyang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3573356109011085","authorIdStr":"3573356109011085"},"htmlText":"Semiconductor will have a bright future for sure, what do you think?&nbsp;","listText":"Semiconductor will have a bright future for sure, what do you think?&nbsp;","text":"Semiconductor will have a bright future for sure, what do you think?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/340257004","repostId":1117428745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3960241,"gmtCreate":1617596183610,"gmtModify":1680782906623,"authorId":3573356109011085,"author":{"id":3573356109011085,"idStr":"3573356109011085","authorId":3573356109011085,"name":"Paulyang","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":340257004,"type":1,"supId":3958072,"prevId":0,"content":"Good idea! ","text":"Good idea! ","html":"Good idea! "},{"id":3958072,"gmtCreate":1617579201391,"gmtModify":1680782864537,"authorId":3552620505563005,"author":{"id":3552620505563005,"idStr":"3552620505563005","authorId":3552620505563005,"name":"CubTrader","avatar":"https://static.tigerbbs.com/bf7145f19b342af15e8d455a8e30aaa8","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 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diversify"}],"langContent":"EN"},{"id":340627400,"gmtCreate":1617409623700,"gmtModify":1704699440127,"author":{"id":"3574906731000207","authorId":"3574906731000207","name":"SSVC","avatar":"https://static.tigerbbs.com/545a5ea462ff4ac7cc100bd3d8d97f72","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3574906731000207","authorIdStr":"3574906731000207"},"htmlText":"Yeah Appreciate your comments and response Thanks","listText":"Yeah Appreciate your comments and response Thanks","text":"Yeah Appreciate your comments and response 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please like and reply~","text":"done, please like and reply~","html":"done, please like and reply~"}],"langContent":"EN"},{"id":340156758,"gmtCreate":1617361356674,"gmtModify":1704699178211,"author":{"id":"3571955847917859","authorId":"3571955847917859","name":"MikeYeo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3571955847917859","authorIdStr":"3571955847917859"},"htmlText":"Like please!&nbsp;","listText":"Like please!&nbsp;","text":"Like please!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340156758","repostId":1117428745,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":340151222,"gmtCreate":1617361063266,"gmtModify":1704699174806,"author":{"id":"3574130624306079","authorId":"3574130624306079","name":"RichEmo","avatar":"https://static.tigerbbs.com/c08d1b2686320bdbb346aad38178aa18","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3574130624306079","authorIdStr":"3574130624306079"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340151222","repostId":1117428745,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":340153660,"gmtCreate":1617360902750,"gmtModify":1704699172868,"author":{"id":"3564738902623228","authorId":"3564738902623228","name":"Khoo12","avatar":"https://static.tigerbbs.com/a1637796379aeed1538616117eb09330","vip":1,"crmLevel":6,"crmLevelSwitch":0,"idStr":"3564738902623228","authorIdStr":"3564738902623228"},"htmlText":"&nbsp;Yeah&nbsp;","listText":"&nbsp;Yeah&nbsp;","text":"Yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340153660","repostId":1117428745,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":340150618,"gmtCreate":1617360700034,"gmtModify":1704699171087,"author":{"id":"3576147606699436","authorId":"3576147606699436","name":"DenDenBear","avatar":"https://static.tigerbbs.com/01e983ba302bc271159224fa4bb390e6","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576147606699436","authorIdStr":"3576147606699436"},"htmlText":"Comment 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