TSMC, TXN, TSLA: Semiconductor Struggles With Auto Chips

Published: April 21, 2023, 5:47 p.m.

b"Taiwan Semiconductor (TSMC) seems to have indicated that chips for autos are down, and we have some concerns about the price lowering at Tesla (TSLA), notes Kim Forrest. She and Quint Tatro discuss the semiconductor space. Kim mentions that demand for electronic gadgets is low and doesn't look like that is going to change anytime soon. They go over semiconductor stocks to watch. Quint notes that Micron (MU) is a compounding machine seeing a historical return on equity over 20%. He looks at some of his stock picks which include Texas Instruments (TXN) and ON Semiconductor (ON). Tune in to find out more about the stock market today."