Type something and hit enter

ads here
On
advertise here

Even after the surge this year, most of them are still trading at valuations far below other tech companies. Historically, it's a cyclical business right. However that is based on decades' worth of trends which have less relevance in today's economy. Semiconductors these days can turn profits rain or shine and the worst they encounter is a slowdown in growth. Not a surprise given the explosion of connected cars and IOT. Meanwhile software companies lose money for years at nosebleed valuations and no one bats an eye. Where is the logic. And why does an Nvidia get such a high premium over a Micron (GPUs yes, but the gulf in valuation is too extreme).



Submitted December 04, 2021 at 09:43AM by ESComments https://ift.tt/3y1WQ4A

Click to comment